Mercia began its journey in 2007 through one office in the Midlands and seven university partners. Its infrastructure now spans the Midlands, the North of England and Scotland, with six offices and 18 university partners across these regions.
Mercia uses a hybrid fund model to offer a single investment partner to a business at any stage of its growth. It starts by using third party fund to support a business at its earliest stages, before deploying its own balance sheet capital to further the growth of a business.
Core to the DNA of Mercia are the strong relationships that it develops with its portfolio companies. Mercia's team of investment professionals have a wealth of experience in their sectors and are able to work closely with each portfolio company, so that its founders can benefit from their experience, their knowledge and their networks.
In this video, CEO Mark Payton, CIO Matt Mead, Executive Director of Funds Jonathan Diggines and Head of Technology Investments Julian Viggars discuss Mercia's progress so far, and why the next twelve months will be a time of scale and growth for the business.