Citrus-Lime Secures Multimillion-Pound Investment to Boost Growth Plans

Retail systems provider, Citrus-Lime has obtained a multimillion-pound investment from BGF – the UK and Ireland’s most active growth capital investor.

Headquartered in Cumbria, Citrus-Lime provides an End-to-End Cloud Retail Solution for independent running shops. Its flagship platform, Cloud POS, integrates in-store and online stock management in real-time, payments and customer data into one connected system. The technology gives retailers the clarity and control they need to streamline operations, improve customer experience and drive profitability.

Following significant traction across the UK, the United States, Europe and Australia, Citrus-Lime has rapidly established itself as a leading supplier of EPOS systems in the industry. The investment from BGF will support the company’s next phase of expansion, enabling further development of its technology and accelerating its domestic and international growth plans.

Neil McQuillan, founder and CEO of Citrus-Lime, said: “Independent retailers in the running sector are at the heart of everything we do. Since launching Cloud POS, our focus has been to remove the everyday challenges that make trading harder, giving retailers the tools they need to work efficiently and confidently. The investment from BGF allows us to continue improving the technology and the support we provide to our customers, while expanding our reach globally.

“Our priority is to keep enhancing the platform in ways that make a real difference on the shop floor, simplifying workflows, improving visibility and supporting growth. BGF’s backing means we can accelerate development, strengthen the support experience that underpins our success and bring the benefits of Cloud POS to even more retailers worldwide.”

The deal was led by BGF investors, Josh Bean and Courtney Walker. Josh added: “Citrus-Lime is a standout business with a growing and increasingly international customer base. It is highly scalable and addresses a clear market need, positioning the business for significant growth. We’re backing an experienced leadership team and look forward to supporting Citrus-Lime as it enters its next phase of expansion.”

Check out the Citrus-Lime RIA Member profile here  .

Photo credit: Citrus-Lime