Tughans has advised investment client BGF on its £10m follow-on investment into Mzuri Group, a Northern Irish business working in the design, engineering, manufacturing, and distribution of window coverings.

 

The business employs more than 1,500 people across the UK, and has customers in the UK, Europe and in Australia. The new funding brings BGF’s investment in the firm to £20m, having first backed the company in April 2020, which Tughans also advised on.

 

BGF’s investment will be used for further targeted acquisitions to enable the group to continue building out its European sales and distribution platform.

 

Commenting on the deal, Paul O’Brien, Corporate Partner at Tughans, said:

 

” It’s always a pleasure to work with the team at BGF as they continue to invest in some of the UK & Ireland’s most exciting SMEs. This deal further supports Tughans’ position as a leading corporate law firm in Northern Ireland and we look forward to working with the BGF team again going forward”.