LAVA Advisory Partners are proud to announce their first capital funding agreement between Source BMX and BGF, the world's number one most active growth investor. From its modest beginnings in Bexhill-on-Sea, Source BMX has become the biggest BMX store on the planet, with a major presence in the UK, US and European markets as well as massive online sales. By working together with BGF, their phenomenal growth looks set to continue.
LAVA's approach in this project was both highly efficient and very effective. They got to know the needs of Source BMX quickly and thoroughly. LAVA then presented them with a shortlist of funders, and best-case goals, all well-tailored to their immediate and future needs. After a short but intensive series of discussions, Source BMX got exactly the level of funding LAVA had outlined.
The agreement allows the directors of Source BMX to de-risk their personal investments while gaining an accessible source of finance. Furthermore, the agreement was settled quickly, over an eight-week period, and will be implemented over a similar timeframe, so minimizing unnecessary disruption. Above all, Source BMX wanted a minority partner who would align not just with their business vision but culturally: with BGF, they've found that partner.
This project epitomizes LAVA's caring and energetic approach: getting to know the client's background, needs and business vision intimately. There is also a distinct personal involvement: LAVA have themselves taken a one percent equity stake in Source BMX, confident in its future success and expansion.