Reading HQ'd Invenio secure £11.6m investment 

BGF, the UKs most active investor in growing businesses, has invested £11.6m in Reading-based Invenio, a UK-headquartered global provider of business focused technology solutions and consulting services, to support the business’s continued growth.

Founded in 2006 and headquartered in Reading’s Winnersh Triangle business spark, Invenio provides consulting services and technology solutions for organisations in the media, manufacturing & logistics, and public sector verticals. Invenio has over 750 employees working for customers worldwide with delivery centres across seven countries - UK, India, Mauritius, Saudi Arabia, Fiji, USA and UAE – and has a strong track record with global partners and clients.

Arun Bala Invenio 1

Arun Bala, CEO of Invenio (pictured above), said: “Invenio was set up on the core values of exceptional customer focus, deep industry and technology expertise, transparency and employee care. BGF’s investment will help us continue to invest and grow to meet demand, whilst keeping control of our business and staying true to our values.”

SAP, the world’s largest enterprise software vendor, named Invenio as one of its leading partners globally for tax and revenue management and the media industry. Invenio’s customers include Universal Music Group, Kuehne & Nagel, the BBC and the Fijian and Saudi Tax authorities.

The investment from BGF will help the business scale by expanding its offering, improving its services and growing through acquisition.

Alex Snodgrass, an investor at BGF who will join the board of Invenio, said: “Invenio is a fantastic, fast-growing business which has created a market-leading position and a loyal and constant customer base... We’re delighted to be a part of this exciting next step for Invenio as it grows to meet demand on a global scale.”

http://www.invenio-solutions.com/

 

 

 

 

 
 
 
 
 
 
 
 

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