Direct Investments

Software & the Internet Portfolio Update

Mercia currently has five direct investments within its Software & the Internet portfolio. Having successfully exited Science Warehouse in early 2018, the Group made new direct investments into two companies during the year, Voxpopme and W2 Global Data Solutions, both having been previously supported by Mercia’s managed funds. Together, the current Software & the Internet portfolio represents approximately 21% by value of the Group’s total direct investment portfolio. All of these companies have shown strong revenue growth during 2018 and several are developing significant revenue streams from international markets to complement their domestic revenues. Read the full RNS Reach here.