A Bristol firm helping businesses unlock the full potential of their investments in Microsoft tech is to expand further across the UK and internationally after securing a £1.6m investment.
Changing Social supports businesses with the adoption and integration of Microsoft products and new ways of working, including Microsoft 365, the Power Platform, and enterprise generative AI.
Founded in 2018 by Steve Crompton and Georgie Kemp, it has become a leading Microsoft Partner, delivering more than 350 engagements across a diverse range of sectors in the UK and the US.
Its blue-chip clients have included Bristol-headquartered tobacco products firm Imperial Brands, British Airways, tea producer Twinings and a number of local authorities.
It has also supported British Business Bank, which launched the £200m South West Investment Fund.
Now with investment from that fund, secured via Private equity firm Maven Capital Partners, Changing Social will invest in its delivery and sales teams at its new and expanded Bristol headquarters as well as overseas, helping expand its reach both in the UK and internationally.
Changing Social CEO Steve Crompton, pictured, centre, with Luke Matthews of Maven and Lizzy Upton of British Business Bank, said partnering with Maven Capital Partners and the South West Investment Fund marked an “exciting new chapter” for the business.
“This investment will enable us to scale our operations, enhance our service delivery and expand our reach both domestically and internationally,” he added.
“We are committed to helping organisations unlock the full potential of their Microsoft investments, and with this support, we can drive even greater impact and innovation in the AI and digital transformation space.
“We are grateful for Maven’s confidence in our vision and look forward to a successful collaboration.”
Maven Capital Partners partner Luke Matthews said: “We’re delighted to invest in Changing Social, making it part of our growing portfolio in the South West.
“From its base in Bristol, it has a track record of working with clients across the UK and US, and is an example where an experienced, ambitious management team with a people-first ethos was a clear attraction for investment.
“The South West Investment Fund was set up to support local businesses like Changing Social, a business with huge growth potential based in the heart of our region, and we are excited to support Steve and his team as they look to grow further.”
The deal means British Business Bank’s South West Investment Fund has now delivered over £5m in equity funding to 10 businesses in the region within the first quarter of the financial year.