Bank-backed BGF has made a $14.6m investment in IT communication technology company Olive Communications alongside $7.7m
Bank-backed growth equity fund Business Growth Fund (BGF) has invested £10m ($14.6m) in UK-based business communication technology supplier Olive Communications.
Founded in 2003, Olive produces unified communications technology that helps businesses operate their IT infrastructure across voice, data, applications and mobile devices.
Olive will use the capital to expand its 150-strong team in a bid to grow its customer base and extend the range of services it provides to its client base.
The equity funding was provided alongside $7.7m in…
