BGF Makes Multi‑Million Pound Growth Investment in Akula Living
January 8, 2024
BGF has made a multi‑million‑pound growth investment in Akula Living to accelerate the marine‑grade outdoor furniture maker's global expansion. Akula, founded by Tim Appleton and headquartered in Yorkshire, reported £22 million of revenue to 30 September 2023 and will add BGF portfolio representative Becky Odam to its board while Andy Dunkley joins as non‑executive chair.
- Buyers
- BGF
- Targets
- Akula Living
- Industry
- Manufacturing
- Location
- Yorkshire, United Kingdom
- Transaction Type
- Growth capital
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