BGF invests £8m in Solid Solutions Management

Solid Solutions Management has received an £8million investment from BGF (Business Growth Fund) to support its continued growth. The company provides a range of 3D CAD software tools, training and support to more than 5500 UK and Ireland-based customers.

BGF’s growth capital investment is being used to support the continued growth of the core business, expand its bespoke offering, and facilitate the acquisition of Derbyshire based Cadtek. The acquisition adds both scale and capacity benefits, and allows customers to benefit from a wider product and service offering, plus easier access to training by adding Cadtek’s eight UK training centres to the 15 already operated by Solid Solutions.

Alan Sampson, managing director, Solid Solutions said: “BGF’s investment allows us to accelerate the growth plans for the business by increasing our scale. We are experiencing growing demand for the products and training we provide, and are delighted that we are positioned to respond to this demand with the backing of a supportive equity partner.”