APSU BGF investment named Deal of the Month
The Business Growth Fund's £7m capital injection into Cirencester IT company APSU has been named Insider's Deal of the Month.
The Business Growth Fund (BGF) invested £7m in APSU to support acquisitions, expand online and recruit technical staff in the UK.
In 2013, APSU was named the fastest growing South West company on the Sunday Times Tech Track 100, ranking at number 20 on the list overall. It is also forecasting a turnover of £25m in 2015.
Wesley Charnock, Insider's digital news editor, said: "As well as creating jobs, this investment will allow the company to expand overseas, strengthening the South West's already robust tech sector in the global marketplace."