Tevalis secures major investment from BGF
Tevalis, a leader in EPOS, Enterprise, and Integration solutions for the leisure and hospitality sectors, has secured investment from BGF to support its next phase of growth. The partnership marks a significant milestone for the company, which has grown organically to over £8 million in annual revenues and now serves more than 800 customers across 2,000 sites.
Over the past decade, Tevalis has remained focused on innovation and customer-centricity, building a reputation for providing best-in-class solutions that help operators manage and streamline their food and beverage operations seamlessly. With this new investment, Tevalis plans to treble its recurring revenues over the next five years through increased investment in sales and marketing, product development, and support services, while also exploring international expansion opportunities.
“It was important for us to find an investment partner who understood our sector and could take a long-term, patient view. We also wanted an investor who could help us scale and take the business to the next level – in BGF, we have that and we are looking forward to leveraging their network over the coming months and years to support our growth,” said James Cook, Founder & CEO of Tevalis.
BGF Investor Rob Johnson added: “We’re excited to be investing in a high-quality technology business of scale, with an ambitious growth plan. Operating in a fragmented market, James and the team have done an impressive job in establishing the Tevalis brand, with clear opportunities to increase market share, both at home and abroad. We look forward to building on the excellent relationship we’ve built with James through the deal process.”
This investment is not only a testament to Tevalis’ success but also a vote of confidence in its future. As the company looks to scale, the focus will remain on delivering innovative, customer-driven solutions while strengthening its position as a market leader in the hospitality tech space.
With BGF’s backing, the future looks bright for Tevalis and its mission to transform the way leisure and hospitality businesses operate.