Cumbria-based industrial and commercial electrical engineering contractor, Bainbridge Electrical Ltd, has been sold in a seven-figure management buyout deal. The deal sees James Dickinson, the company’s former Commercial Manager, acquire the Kendal-based business from the Bainbridge family, who founded it over 50 years ago. The corporate finance team at Armstrong Watson brokered and advised on
A recycling business which takes household waste destined for landfill and turns it into fuel has secured a £575,000 debt funding package from Lancashire Rosebud Finance and NPIF – FW Capital Debt Finance, which is part of the Northern Powerhouse Fund. The money will allow Lancashire Waste Recycling to invest in new plant, expand its
Mercia Technologies PLC, the national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions, is pleased to announce a new direct investment into Voxpopme, a leading platform that provides innovative video analytics for internationally renowned clients such as Microsoft, Tesco, Verizon and Accenture. The
A developer of virtual reality (VR) and augmented reality (AR) products for the market research industry has secured a seed investment from Mercia Fund Managers to scale the company’s product pipeline and support its international growth. Founded in 2016, Gorilla in the room provide researchers with the tools they need to acquire more robust data
A product development consultancy which is generating new jobs on a former colliery site is set for further growth following a £100,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund. Sheffield-based AME Group is one of the UK’s leading independent
One of the North’s leading firms of Independent Financial Advisers (IFAs) has secured a £115,000 loan from Lancashire Rosebud Finance, managed by Mercia Fund Managers, to support its further expansion. The funding will allow True Bearing Chartered Financial Planners to create six new jobs and invest in new technology to enhance its customer service. Based
Mercia‘s Compliance Director, Rosie Bhattacharjee, discusses GDPR (the General Data Protection Regulation) as the new legislation is due to come into place in May 2018 and what you can do to ensure compliance. What is it and what should we all be doing? The General Data Protection Regulation is EU legislation, passed in April 2016
Mercia Technologies PLC, the national investment group focused on the funding and scaling of innovative technology businesses with high growth potential from the UK regions, is pleased to announce the profitable all cash sale of Science Warehouse Limited (Science Warehouse), one of the Group’s leading direct investments, to Advanced Business Software and Solutions Limited (Advanced),
Mercia Fund Managers is pleased to announce that it has been awarded a £23.0million Proof-of-Concept and Early Stage Equity Fund, part of the Midlands Engine Investment Fund, a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the West Midlands and East and South East Midlands. The Fund, which is to
A company that provides online retailers with advanced pricing tools to improve their revenue growth and profitability, has secured a seed investment of £500,000 from Mercia Fund Managers and software entrepreneur and investor, Nick Kingsbury. Founded in 2016 by Charles and Philip Huthwaite, BlackCurve helps its clients find the optimal price for their goods and