Foresight Group plans to inject £100m into North West businesses
Foresight Group plans to inject £100m into North West businesses
Private Equity Insights
Private equity and infrastructure investor, Foresight Group, has announced ambitions to invest £100 million into companies in North West England.
The move represents the firm’s second fund specifically for the region. Foresight Group has previously backed 17 businesses, which have supported the creation of 1,800 new jobs across the North West.
The new £100 million private equity fund looks to invest in fast-growing firms across Greater Manchester, Cheshire, Lancashire, the Liverpool City Region, and North Wales. Previously backed firms range from the likes to Indian restaurant group, Mowgli Street Food, lab products company ONFAB and financial planning firm, Five Wealth.
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Claire Alvarez, partner at Foresight Group, said:
“The North West is a brilliant region to grow a business and we have been privileged to work with some incredible entrepreneurs and outstanding companies across a wide variety of sectors.
“Over the last seven years since we opened our Manchester office, we have built a strong regional team who are passionate about helping growing companies to create jobs and support communities across the region.
“We know conditions in the wider economy have been challenging in recent years, but even in challenging times there are some outstanding growing companies across the region – in both the traditional and knowledge economy.”
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