DataScope Systems Secures BGF Investment to Drive International Growth

DataScope Systems, a leading provider of software and hardware solutions to the global construction sector, has secured investment from BGF, one of the largest and most experienced growth capital investors in the UK and Ireland.

Founded by Adrian Butt, DataScope has built a strong reputation for developing construction site management solutions, which help to drive efficiencies, enabling site managers, planners and Tier One contractors to digitally manage site attendance, logistics, permits and project planning, as well as ensuring contractors are compliant with safety and regulatory obligations.

Based in Chester, DataScope employs over 120 people and has live projects in 25 countries across 5 continents.

The funding from BGF will allow the high-growth business to accelerate its ambitious growth strategy – both in the UK and internationally across infrastructure, residential and commercial markets.

“In the last 20 years, we have grown from a construction site hardware business, to a fast-growth SaaS company with four core product areas that have been specifically designed to help drive efficiencies across global, multi-billion-pound organisations.

“Our aim is to quickly expand our international footprint in territories such as the US, the Middle East, mainland Europe and the Far East, while at the same time continuing to invest heavily in new product development and increasing our sales capabilities. In order to achieve these aims, we need an investment partner with excellent sector credentials, as well as an appetite to support our growth ambitions over the long-term. In BGF we have found that partner.”

Adrian Butt, Managing Director at DataScope Systems

As part of the investment, Geoffrey Finlay will join the board as non-executive chair (NXC). Geoffrey is a highly successful and award-winning chair and former CEO of FTSE, NASDAQ and PE-backed technology companies.

BGF Investor Pinesh Mehta added: “DataScope is an exciting and dynamic technology business, which has all the ingredients to achieve substantial growth, with a highly ambitious senior leadership team, a strong core product offering, and a sizeable addressable market. When you combine these with BGF’s track record of helping tech businesses scale at pace, then you have all the hallmarks of a successful relationship.”