BGF invests in HR firm The Chemistry Group
BGF has invested in The Chemistry Group (TCG), the London-based disruptive HR consultancy.
TCG is a fast-growing talent strategy consultancy that increases the value of companies by improving the performance of their people.
Founded in 2003 by CEO Roger Philby on the belief that everybody should have the opportunity to be brilliant at work, the business partners with clients to understand their context and strategy, and to help business leaders answer the critical questions regarding their talent through data analytics, technology and behavioural science.
TCG’s client base spans the healthcare, telecommunications, software, financial services, retail and construction sectors, delivering the Insight leaders need in order to make talent decisions and the guidance to turn those decisions into impact.
TCG’s use of proprietary tools such as their ‘What Great Looks Like’ assessment to profile based on Intellect, Personality, Motivation, Behaviour and Experience, means that driving diversity in a client’s workforce is a natural outcome of everything that TCG does.
BGF’s investment will be used to grow TCG’s sales team to further expand its client base as well as to support the company to continue the development of its technology platform.
Volker Beckers, Chair of BGF-backed Cornwall Insight, has been appointed non-executive Chair, following an introduction from BGF’s Talent Network, the UK’s largest pool of non-executive directors.
Roger Philby, founder and CEO of The Chemistry Group, said: “Our clients are the world's most capable companies, employing the world's most capable people. Across the market, we’ve seen that frustration often builds over the task of creating a workforce that can execute and drive commercial vision at the pace that businesses want.
The Chemistry Group supports our clients get the right people in the right roles to really drive the overall business strategy.
“We’re excited to welcome BGF to TCG as our long-term investment partner, and Volker as Chair of our board. Both understand our vision for the business and their support as we enter this next stage of our journey will be invaluable.”
Rahul Satsangi, an investor at BGF, said: “We’re delighted to be welcoming The Chemistry Group to the BGF portfolio. Identifying quality talent, from both within and outside of an organisation, is an increasing issue for global businesses, and in the UK.
With a differentiated offering based on data and behavioural science, an impressive client base, and a dedicated and ambitious team, TCG is leading the way in supporting organisations to better understand what this top-quality talent looks like and we’re looking forward to supporting their continued growth in the UK and beyond.”