International legal practice Osborne Clarke has advised long-standing client Peter Jones CBE, known for his role on Dragon’s Den, as he joins forces with BGF to support two high-growth tech businesses, with plans for further collaboration in the future.

An initial £9m has been invested across Localised Group, an ecommerce platform for global brands which recently signed British retailer Boden as its latest customer, and Retail Services Group, a business that provides in-store end-to-end retail experiences for some of the world’s leading technology brands.

The collaboration between the investors brings together the joint networks, capabilities and financial firepower of two of the most significant voices in British enterprise, with the potential to further co-invest and collaborate to support even more scalable and high-potential businesses.

Peter Jones has personally invested in over 60 businesses spanning publishing, new media, television, food products and more. BGF has invested in more than 300 companies since 2011 and has announced a trio of successful exits in the past month.

Peter was advised by Osborne Clarke's Corporate team led by Partner Mark Wesker and supported by Senior Associate Elinor Owen, Associates Becky Eade and Associate Hannah Stevens and Senior Paralegal Jay Eng.  Partner Tom Bussy and Associate Tom Marshall supported from Osborne Clarke's Banking team.

Peter Jones said: “I’ve joined forces with BGF to find, invest and grow some of the most exciting companies in the UK today. Both of us see these initial investments as the stepping-stones to future opportunities. I couldn’t think of a better partner than BGF, one of the most respected businesses in the growth capital business. BGF has exactly the national footprint that we are looking for today.”

Osborne Clarke has a market-leading international venture capital practice and is widely recognised as a leading European law firm for companies operating in the technology, media and communication sectors.

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