Business Growth Fund (BGF), established by Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland, Santander, Standard Chartered and the British Bankers’ Association, has invested £6m in Petrotechnics, a Scotland-based provider of software solutions for managing operational risk and performance in hazardous industries.
This is BGF’s fifth investment in the oil and gas sector and brings the current total invested in Scottish small and medium enterprises (SMEs) to £30m.
BGF’s £6m funding will support the next stage in Petrotechnics’ growth…
