The newly established Australian Business Growth Fund (ABGF) is a middle market private equity fund with a mission to support growing small and medium Australian businesses to thrive.
We believe that Australia’s economic prosperity is tied to the growth and success of small and medium businesses. We believe in the power of entrepreneurs and business owners to drive innovation, generate progress and deliver prosperity. We are committed to help make that happen.
Our ambition is to become the leading growth capital provider for SMEs in the Australian market, acting as a catalyst for the growth of SME businesses and the wider economy, by connecting founders and entrepreneurs to the capital, capability and wider networks to help them succeed.
We will be building a portfolio of exclusively minority (<49%) equity investments between $5-15m in profitable and growing Australian companies (c. $2–100m turnover). We will deploy $500m in capital across a diverse portfolio of businesses over the next five years.
Along with capital for growth, we will curate a talent network of highly experienced business professionals to assist our investee company executives achieve their growth objectives.
In fulfilling our vision, we will have backed a new generation of founders and entrepreneurs, supported new innovation and businesses to create jobs and economic growth, and worked successfully with banks and government to support the growth of priority sectors vital to Australia’s economic future.
The ABGF aims to distinguish itself from traditional PE funds via a strong for-purpose objective to support and assist in the growth of Australian SME’s, a high velocity deal flow and a non-hierarchical, highly diverse and inclusive culture.
We believe that Australia’s economic prosperity is tied to the growth and success of small and medium businesses. We believe in the power of entrepreneurs and business owners to drive innovation, generate progress and deliver prosperity. We are committed to help make that happen.
Our ambition is to become the leading growth capital provider for SMEs in the Australian market, acting as a catalyst for the growth of SME businesses and the wider economy, by connecting founders and entrepreneurs to the capital, capability and wider networks to help them succeed.
We will be building a portfolio of exclusively minority (<49%) equity investments between $5-15m in profitable and growing Australian companies (c. $2–100m turnover). We will deploy $500m in capital across a diverse portfolio of businesses over the next five years.
Along with capital for growth, we will curate a talent network of highly experienced business professionals to assist our investee company executives achieve their growth objectives.
In fulfilling our vision, we will have backed a new generation of founders and entrepreneurs, supported new innovation and businesses to create jobs and economic growth, and worked successfully with banks and government to support the growth of priority sectors vital to Australia’s economic future.
The ABGF aims to distinguish itself from traditional PE funds via a strong for-purpose objective to support and assist in the growth of Australian SME’s, a high velocity deal flow and a non-hierarchical, highly diverse and inclusive culture.
Location: Australia, Victoria, Melbourne
Employees: 11-50
Founded date: 2020
Mentions in press and media 7
| Date | Title | Description |
| 10.04.2024 | Cut Through’s Q1 2024 report includes a women-led raise from 2023 | Source: Unsplash/Joel Muniz article-article-body The latest report from Cut Through Ventures reveals funding for all-women founding teams hit an all-time high in the first quarter of 2024. However, it also highlighted a $10 million raise by... |
| 22.08.2023 | How BGF is helping companies to expand internationally: Elvie & OSL | Are you considering international expansion opportunities for your business? As a minority equity investor, BGF provides patient capital to our portfolio of growing businesses across the UK and Ireland, helping them to scale until they achi... |
| 24.11.2022 | Six Aussie startups that raised more than $54 million this week | [Left to right] Abyss Solutions co-founders Abraham Kazzaz, Hina Ahsan, Dr Nasir Ahsan and Masood Naqshbandi. Another week, another round of startup raises! The VCs weren’t cutting sick as hard as last week, but there have still been some t... |
| 13.06.2022 | The Business Growth Fund’s $12 million Hubbed investment is the kind of “sexy” deal VCs might miss | Source: James Ross / AAP Image A “sexy” $12 million investment in package delivery solution Hubbed is the latest deal from the Australian Business Growth Fund (ABGF), the public-private partnership designed to back small businesses underser... |
| 08.10.2021 | Australia’s $540 million Business Growth Fund makes first investment in Hunter Valley battery maker | 3M Technology is based in the Hunter region of NSW. Source: ABGF. A clean energy technology company based in the Hunter Valley region of New South Wales has become the first company to secure investment from the $540 million Australian Busi... |
| 04.06.2021 | Inside Australia’s $540 million investment fund with a mission to help SMEs grow | Australian Business Growth Fund chief executive Anthony Healy. Source: supplied. The Australian Business Growth Fund is close to signing the dotted line on its first investment, as it starts acting on its mission to help the nation’s SMEs g... |
| - | Global Britain: fact or fiction? Exporting the BGF model to China | Stephen Welton, executive chairman of BGF, recently delivered a speech by video link to the 2021 Annual Conference of Financial Street Forum, held in Beijing, China. These are the key points he shared with delegates. The reason BGF was c... |