OneUp Sales – whose platform helps businesses to manage and motivate sales teams – has raised £2.25m from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), and Mercia’s EIS funds. The Staffordshire-based team will use the funding to further enhance its
A Sheffield company that provides bespoke supported living accommodation has secured £400,000 from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, to open a new facility. The funding will enable SLE Housing to complete the conversion of a Victorian schoolhouse in Greenhill Village to
Texere Publishing – the Knutsford-based business which is one of the world’s fastest-growing scientific publishers – has been acquired by US-based healthcare media company BroadcastMed. The deal provides an exit for Texere’s investors Mercia and AXM Venture Capital, both of which had initially backed the company in 2012 using investment from the North West Fund.
A Yorkshire data consultancy that has more than doubled in size in the past two years has raised £500,000 from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, to support its further growth. Oakland Group Services has increased staff numbers from 33 to 80
ParkVia – the Manchester-based company behind a leading global parking reservation platform – has been acquired by CAVU, part of the Manchester Airports Group plc. The deal provides an exit for ParkVia’s investor Mercia, which has backed the company since 2018 via its EV Growth II Fund. The acquisition is part of CAVU’s strategic plans
A fast-growing Lancashire accountancy firm has taken over a long-established practice in Cumbria in a six-figure acquisition backed by Mercia’s SME Loans fund. The deal brings together Brown & Co, which is based in Thornton-Cleveleys, with Ingalls of Kendal, which was founded in the 1930s and serves businesses of all sizes throughout Cumbria including many
A fast-growing Yorkshire law firm has raised £250,000 from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund, to support its next phase of expansion. Tyr, a commercial law firm based in Leeds city centre, was set up in 2019 by three partners who had
A HRtech business which helps companies to benchmark themselves against competitors has raised £1.4m from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, Mercia’s EIS funds, the Angel Co-Fund and private investors. HR Datahub’s platform enables organisations to compare themselves to
A Yorkshire business which is one of the UK’s largest independent toy shop chains has secured a £400,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. The funding will boost Toyland’s purchasing power and enable it to expand stock levels after the
A Rotherham firm that helps employers to reduce work-related ill health has secured a £125,000 loan from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund. The funding will enable Workplace Scientifics to invest in new equipment and meet the growing demand for its occupational