Law firm Stephenson Harwood LLP has advised UK investor BGF on its investment in Source BMX, an omni-channel BMX retailer.

Source BMX, which was founded by Rich and Marc Moore in 2003, has grown to offer the largest selection of BMX bikes, parts and accessories in the market, sold directly to customers via its website. The funding will be used to grow the company’s e-commerce offering, and accelerate its international expansion plans.

The Stephenson Harwood team was led by private equity partner Malcolm MacDougall, who was supported by senior associate Nicola Baird and associate Dafni Loizou.