UK & Ireland law firm Browne Jacobson has advised BGF on its £6.25 million investment into Skewb - a leading provider of consultancy, digital transformation services and products to the energy and water sector.
BGF is one of the largest and most experienced growth capital investors in the UK and Ireland, and since 2011, has invested £4 billion in nearly 600 SMEs, making it the most active investor in the UK.
The investment will support the continued growth of Skewb as it looks to expand its suite of products and consultancy and transformation services to meet the demands of an expanding customer base.
Skewb was founded in 2018, and in recent months has developed proprietary software and services covering connections, developer services, water leakage, water demand, net zero, operate and maintain, as well as emergency and repair.
The Browne Jacobson team was led by Clare Hanna and included Mike Jackson, Jack Milnthorpe, Shaun McCabe and James Busby.
Clare Hanna, Senior Associate at Browne Jacobson, says: “We’re delighted to have supported Nick and the BGF team to secure another top tier investment – particularly in a sector such as energy and water, which many are looking to in leading the charge on sustainability.”
Nick Holder, Investor at BGF, says: “We look forward to supporting Skewb as it continues on its impressive growth journey, enabling it to seize opportunities and put its stamp on an industry calling out for a dynamic and exciting business such as this. It’s also been great to work with the Browne Jacobson team once again – they’re consistently a safe pair of hands for us, and we always value their support.”