Private equity investor closes successful £75m fundraising to help NW businesses

YFM Equity Partners has closed its British Smaller Companies Venture Capital Trusts (VCTs) fundraising, raising £75m in just 11 weeks, which will help North West firms.

The initial target of £50m was surpassed within the first month, prompting an over-allotment to £75m to meet overwhelming investor demand.

It said this milestone highlights the appetite for growth equity from investors to match the demand from North West businesses.

The successful close of this fundraising round brings the British Smaller Companies VCTs’ total growth funds to £500m, with £150m currently available for new investments.

YFM said it remains dedicated to fostering innovation and supporting businesses across the North West, helping to shape a thriving regional economy.

It said the North West has all the ingredients for entrepreneurial success – ambitious leaders, a thriving business ecosystem, and a culture of resilience. However, to unlock its full potential, overcoming growth barriers requires raising awareness among entrepreneurs about the transformative benefits of private equity.

VCT investment has already played a pivotal role in empowering ambitious businesses in the region, providing not just financial support, but also strategic guidance to help them scale effectively.