BMA (Business Modelling Applications), developer of Decisio, the leading decision intelligence platform for regulated infrastructure operators, has announced a strategic investment from FPE, the specialist software and services growth investor.
Founded in 2013 and headquartered in Leeds, BMA’s Decisio supports customers with AI-assisted connected infrastructure planning across time and place to unlock investment, streamline capital project delivery, and improve operational performance.
The investment from FPE represents the next evolution of BMA’s mission: Helping critical infrastructure customers make the right decision, in the right place, at the right time.
Decisio replaces fragmented spreadsheet models and consultant-led reports with configurable, data-driven software that embeds within customers’ regulatory planning cycles, supporting auditable and regulator-defensible investment decisions.
FPE’s investment reflects confidence in the differentiated position BMA and Decisio have established within the regulated infrastructure market over more than a decade. By combining a vertically focused software platform, enriched by pooled client and third-party data, with a high-touch AI-assisted service model, BMA is well-positioned to support operators facing increasingly complex planning, investment and decarbonisation challenges.
With FPE’s support, BMA will accelerate Decisio product and technology development, expand its team and invest in its go-to-market capability, with the ambition to reach infrastructure operators across UK utilities and adjacent regulated markets. As the BMA and Decisio brands evolve, the company’s people, expertise and commitment to customers remain unchanged.
BMA’s customer base includes UK water and energy companies, who use Decisio to model trade-offs across resilience, affordability, risk and carbon reduction as they prepare multi-year regulatory business plans. The business is well positioned to benefit from major UK utility investment cycles, including AMP8 / AMP9 in water and the RIIO frameworks in energy, where operators are under sustained pressure to deliver better outcomes at lower cost and demonstrate value for money for their customers to regulators.
Michael Avant-Smith, CEO of BMA, said: “Our customers face increasingly complex investment and operational decisions under tight regulatory, financial, and decarbonisation conditions. DecisioTM gives them the tools to make those decisions with confidence. With FPE’s support, we will accelerate product innovation, strengthen our delivery capability and continue investing in the technology, people and expertise that help our customers achieve better outcomes. Our ambition is to build a truly differentiated, AI-native decision intelligence business for the infrastructure sector.”
Connor Trendell, investment director at FPE, added: “BMA is exactly the kind of business FPE is delighted to support: a software platform delivering a high-quality customer experience to a highly referenceable customer base, addressing a critical market need and offering significant opportunities for future growth. We look forward to supporting them as they continue to scale the business.”
Tom Webb will join BMA as CFO & COO under the deal. Webb is a highly experienced CFO and COO who will take leadership on the finance and operational functions, having worked in a number of private equity-backed businesses previously. Rod Stout, BMA co-founder, will continue to work with the BMA and FPE teams as a board advisor.
