Foresight Group, the regional private equity and infrastructure investment manager, has now invested a milestone £100 million in the Midlands and is ready to partner with more growing companies across the region.
Among the businesses Foresight has invested in is Nottingham-based Lightbulb Credit, which provides solutions to enable companies to monitor and improve their credit rating. Lightbulb has helped SMEs to raise over £700 million in funding.
It has also backed Loughborough University spin-out, Previsico, a developer of a software-based flood forecasting and warning system; ReadyGo, a start-up diagnostics company that detects infectious diseases; and Postworks, a Northamptonshire company which has digitised the corporate mail sector and is seeing rapid growth.
Ray Harris, Director at Foresight Group, said: “The Midlands is home to a diverse and inspirational business community, packed with entrepreneurs and dynamic teams ready to take their enterprises to the next level.
“Our passionate and experienced team has significant funds to invest here and are very keen to meet business owners and their advisors to discuss how we can potentially support them on their growth journey.
“We know that every business is different so we take time to nurture relationships and understand where we can add value. Our investment is much more than providing funding – we have a large network of contacts and non-executives who play an important role in helping management teams to grow sustainably, benefiting the local economy.”
