BGF, the UK and Ireland’s most active growth capital investor, has completed a £6 million investment into Signify Research, a specialist health tech market intelligence provider.
The multi-million investment aims to accelerate Signify Research's growth and expand its market presence as a trusted supplier of high-quality research, consultancy and market intelligence to the global healthcare technology industry.
Signify Research’s in-house research team provide unrivalled subject matter expertise and data-driven insights across its key coverage areas of Medical Imaging, Clinical Care, Digital Health, Diagnostic and Lifesciences, Healthcare IT and AI in Healthcare, which business leaders use to guide strategic decision making.
Following BGF’s investment, Signify Research will continue to focus on providing reliable and insightful services to its customers, while at the same time increasing the breadth of its coverage areas and the depth of research provided.
The business will continue to be led by an experienced management team, including co-founders Steve Holloway (CEO) and Alex Green (COO).
Alongside the investment, Signify Research’s leadership team has also been bolstered with the appointment of Gareth Miller as non-executive Chair, following an introduction from BGF’s Talent Network.
Gareth was previously the CEO of BGF-backed Cornwall Insight, a leading provider of research, data and analysis to the energy sector, which was acquired by Bowmark Capital in 2022. Having successfully scaled Cornwall Insight through to exit and with a wealth of experience in driving long-term, sustainable growth in B2B services, Gareth will be supporting the Signify Research leadership team in executing the company’s ambitious growth strategy.