£5.5m investment to take Stockton roofing firm TaperedPlus to new heights
Summary
The firms deal will see BGF back its ambitious growth plans, while also providing an exit for original investor Comhar Capital. The finance will help the Tees Valley business bring a new technology focus to the company.The company, which also has a technical design studio in Wolverhampton, operates across sectors including health, education, and retail and also provides services in technical specifications such as BIM, acoustic, thermal measuring, and surveying. The investment from BGF, the UK and Irelands most active growth capital investor, marks a significant milestone for the TaperedPlus bosses as they aims to take the business to new heights. READ MORE: Job cuts at the Woodsmith Project amid slowdownSince 2020, the firm has seen strong growth, increasing its workforce by 70%, tripling revenues and securing B-Corp accreditation in 2023 for its sustainable approach within the roofing sector. We are excited to work together to take TaperedPlus to the next level.This investment reflects our growth ambitions and commitment to enhancing customer experience through innovative solutions and strategic partnerships.Rob Johnson, BGF investor, added: Were thrilled to back Aman and Rob, who have positioned TaperedPlus as a leader in its field, with innovation and sustainability at the core of their operations.