SFG20

Our role

Our UK M&A Advisory team is delighted to have advised SFG20 and the Building Engineering Services Association (“BESA”) on Bowmark Capital’s (“Bowmark”) investment in SFG20 – the UK industry standard for building maintenance specification.

Bowmark will become a significant shareholder in SFG20 alongside BESA. The partnership will support continued investment in SFG20’s data, software and artificial intelligence capabilities, as well as the development of new products and expansion into adjacent segments of the construction market and internationally.    

Sebastian Lawrence, Managing Director, M&A Advisory at Investec, commented: “SFG20 and BESA have built a unique software and data platform that plays a critical role in ensuring compliance across the built environment. We are delighted to have advised SFG20 and BESA on this investment and believe Bowmark is an ideal partner to support the Company’s strategic growth objectives.”

Kate Gribbon, Head of Sponsor Coverage at Investec, added: “The investment by Bowmark in SFG20 represents an outstanding outcome for all stakeholders. The process attracted significant interest from an international group of private equity. Through a highly competitive process, Bowmark emerged as the ideal partner, demonstrating a deep understanding of the business and a genuine commitment to supporting management in the next phase of growth.”

Kirsty Cogan, CEO of SFG20, said: “Investec were the perfect advisers for SFG20 as we navigated the complexities of carving out from BESA, a long-established trade association. Investec spent time getting to know the business and our stakeholders, and they were masterful at helping SFG20 to articulate our strategic vision.”

David Frise, Chief Executive of BESA, said: “SFG20 has played an important role in helping BESA promote higher standards and improve compliance across the built environment. This transaction marks an important milestone for BESA and provides a strong foundation for SFG20's continued growth.”