Business Growth Fund, backed by five financial services firms, has taken a minority stake in digital marketing company Zone.
UK-based digital marketing company Zone has received £6m ($9m) of equity funding from growth equity fund Business Growth Fund (BGF).
Launched in 2000, Zone provides blog and video-based customer relationship management and content creation for businesses which include beverages producer Coca-Cola, telecommunications firm BT and retail chain Tesco.
As part of the deal, BGF senior investment manager Mark Nunny will take a minority stake in the company, which employs 180 people across offices in London, Bristol, Berlin and Cologne.
BGF…
