Private equity track record

We have been investing in the private equity space since the launch of our first regionally-focused fund in 2009. The £10million Coalfields Growth Fund was set up to support the growth of businesses in England’s former coalfields and was supported by the Department for Communities and Local Government (DCLG).

The Fund is now fully invested, and the remaining portfolio continues to mature with a number of investees performing strongly and reporting increased profitability. The Fund has so far announced four exits, or partial exits, including; Barber of Sheffield, Woodall Nicholson, ChargePoint and Finch which has resulted in an internal rate of return (IRR) of 20% and a distribution to be paid in (DPI) of 176% to date.

“Mercia has worked closely with the management team and syndicate investors to successfully grow and develop the business, achieving outstanding profitable revenue growth over the past five years”- Brian Davidson - Woodall Nicholson.