Palatine Growth Credit is supporting the continued expansion of private company data provider Beauhurst.
Founded in 2010, Beauhurst provides in-depth intelligence on every private company in the UK and Germany.
Its platform is used by major UK banks, Big Four advisory firms, legal firms, government departments and other leading organisations.
Beauhurst enables businesses to drive growth, strengthen customer relationships, and inform strategic decisions like acquisitions and international expansion. It does this by delivering detailed, accessible, decision-grade data on every private company.
With no direct equivalent operating across Europe, Beauhurst has already established full coverage of five million companies in Germany and is now targeting further growth countries. Expansion into Ireland is underway, with France, Spain, and Italy expected to follow.
The business currently operates from Nottingham, London and Berlin.
Palatine鈥檚 拢7 million funding, alongside existing backing from angel investor Charlie Songhurst and Berggruen Holdings, will fuel Beauhurst鈥檚 ambition to become Europe鈥檚 leading provider of decision-grade private markets data and intelligence.
Palatine鈥檚 Growth Credit Fund launched in 2024 with the goal of supporting maturing, high-growth companies in the UK regions to achieve their goals, without their founders having to surrender further equity.
The strategy backs companies which are seeing double-digit year-on-year revenue growth, generating above market-rate returns whilst leveraging Palatine鈥檚 market leading sustainability credentials to help drive social and environmental improvements.
So far, it has supported a dozen growing technology companies based across the UK regions and has a strong pipeline of opportunities amid surging demand.
Toby Austin (pictured), founder and CEO of Beauhurst, said: 鈥淭his funding marks an important milestone for Beauhurst as we accelerate our European expansion.
鈥淥ur goal is to make high-quality, decision-grade data on every private company accessible and actionable. With Palatine鈥檚 support, we鈥檙e well positioned to scale that aim internationally.鈥�
Michael Ginn, investment director for Palatine Growth Credit, added: 鈥淏eauhurst has built a market-leading platform that delivers genuinely actionable insights to its customers.
鈥淗aving personally used Beauhurst over a number of years, I’ve seen first-hand the value that the depth and accuracy of the data can bring to sourcing and researching transaction opportunities. We are delighted to support the business.鈥�
William Chappel, managing partner of Palatine Growth Credit, commented: 鈥淏eauhurst has shown strong growth, clear competitive differentiation, and ambitious European expansion strategy make it an outstanding fit for our Growth Credit fund.
鈥淲e鈥檙e over the moon to support the team as they expand their footprint and establish themselves as a leader in European private markets data.鈥�
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