The heavy equipment rental provider will use the investment to support its growth plans in expansion, acquisition and geographical locations.
It currently operates from four depots in Bristol, Exeter, Bridgwater in Somerset and Birmingham, with approved supplier status for nuclear sites and network rail.
The company specialises in providing specific bespoke services across all sectors of the construction industry.
Claire Trott, managing director at Plantforce, said: “We have a clear vision of the future and we’re very pleased to have BGF’s support at this crucial stage in our growth phase.
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“The investment will not only enable us to diversify and expand our fleet, but also to continue and strengthen our service offering, what we do best, but strive to do better.
“Providing our customers with a greater flexibility to exceed their requirements and supporting them in finding solutions.”
Ned Dorbin, an investor at BGF, added: “Plantforce has established a strong position in the construction market as a provider of exceptional quality machinery supplemented with round-the-clock customer care.
“Providing operated kit is one of [its] key differentiators and we believe the company is well-positioned to capitalise on several large infrastructure projects over the coming years.
“We’re very happy to be backing them ahead of what looks to be a very exciting time for the business.”
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