Mercia Ventures’ Post

🎥 Mercia Ventures surpasses £10million NPIF II investment milestone Investment Director William Schaffer highlights the growing diversity in businesses and founders through the new NPIF II Mercia Equity Finance. A shining example? Kirsty's in Harrogate, whose ‘free from’ and high-protein meals are now hitting shelves at Asda. 🍱 Her rapid growth journey continues to inspire founders everywhere. 🚀 Full video link in comments ⏬ #NPIF #BusinessDiversity #FemaleFounder #Innovation #Milestone | British Business Bank North of England | Kirsty Henshaw

Two years that has gone by in a flash - then you reflect on what has been achieved in that time. Proud to be part of an investment programme that is designed to support and scale innovative businesses to get to next stage of their growth journey. Investments to date have been diverse by sector but all are true innovators in their respective spaces. Not only are they smart businesses, run by exceptional management but each one is truly looking to make a difference. I look forward to what the next 2 years and beyond brings! #innovation #alternativeinvestments #innovativeinvestments

🎥 Want to know a little more about Mercia Ventures' investments? Investment Director, Chris Borrett details the reasons to why we have invested in the UK’s leading ‘free-from’ food manufacturer, Kirsty's. The £2million funding was the first NPIF II equity investment in the Yorkshire and Humber region since the launch of the new £660m fund in March this year. Watch ⏬ #NPIF #Investment #Consumer #VentureCapital #Growth | British Business Bank North of England

Through the Northern Powerhouse Investment Fund II, we’ve provided £11 million in funding to businesses across the North of England. Since the launch of the fund earlier this year, we’ve provided funding to 29 companies, with a majority of businesses supported having been in the North West covering a wide range of sectors, including manufacturing, technology, hospitality and construction. ‘We’ve seen significant demand for investment from NPIF II from a wide range of high quality businesses in the region,’ explained our Fund Director, Gary Guest. ‘The fund has enabled us to back ambitious businesses of all shapes and sizes and help them fulfil their potential. It’s been great to see how the fund is helping businesses in the hospitality sector such as Nell’s Pizza as this area wasn’t supported by the first NPIF Fund. It means we can give entrepreneurs in this industry the opportunity to seek valuable investment’. Read more on the funding milestone: https://ow.ly/VBPP50UrzNU #FWCapitalHelped British Business Bank

Double deal success for teams led by London head of corporate Zum Mohammed 👏 We are proud to have advised Elmsley Capital and Westerly Group on their investment in the world largest baby and toddler swim school Water Babies Ltd. The deal sets the swim school up for accelerated US and international expansion 🚀 We have also advised FPE on its investment in leading food lifecycle manufacturing software provider Point74. The investment positions Point74 to enhance its market presence and invest in its product and technology development 🎯 On Elmsley Capital and Westerly Group’s investment, our team included Enes Ilgun, Hannah Hogarth, Paige Richardson, Bernhard Gilbey, Anamika Pandey, David Williams, John Hayward, Jordan Powell. On FPE Capital’s investment in Point74, the team comprised Oliver Harker, Ian McDonald, Charles Davies, James Gopsill. Read more on Elmsley Capital and Westerly Group investment here👉 https://lnkd.in/d_pi_C8P Read more on FPE Capital’s investment in Point74 here👉 https://lnkd.in/dqSMW9dd #Investment #PrivateEquity #Transaction

Britain's largest investment platform Hargreaves Lansdown agreed to a $6.9bn takeover by an international consortium comprising of CVC, Abu Dhabi's sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Swedish private equity firm Nordic Capital. "HL is on an important journey to transform the saving and investing experience for clients and make it easy to save and invest for a better future. While the Independent HL Board has been pleased with the progress made by the new management team, the Independent HL Board believes that the Cash Offer represents an attractive opportunity for HL Shareholders to realise an immediate and certain cash value for their investment at a level which may not be achievable until the execution of the strategy is delivered over the medium to longer term, and therefore intends to unanimously recommend HL Shareholders vote to approve it. We are pleased to see that the Consortium is aligned that HL has an important purpose making it easy for the UK consumer to save and invest for a better future," Alison Platt, Hargreaves Lansdown Chairman. Hargreaves Lansdown (led by Alison Platt and Dan Olley) is advised by Fenchurch Advisory Partners, the lead financial adviser (led by Kunal Gandhi, Rob Williams, Graham Marchant and Joshua Needham), Barclays (led by Alisdair Gayne and Adrian B.), Deutsche Numis (led by Charles Farquhar, Daniel Werchola and Derek Shakespeare), Morgan Stanley (led by Gillian Sheldon, Ben Grindley, Adrian Doyle and Nishil Bhagani), Freshfields Bruckhaus Deringer (led by Stephen Hewes and Claire Wills) and Brunswick Group (led by Nick Cosgrove and Joanna Donne). ADIA (led by Hamad Shahwan AlDhaheri, CFA) advised by Goldman Sachs (led by Mark Sorrell, Nick Harper and James Lucas) and Linklaters. CVC Capital (led by Peveril Hooper) is advised by Latham & Watkins and FGS Global (led by Guy Lamming, Mike Turner and Anjali Unnikrishnan). Nordic Capital (led by Emil Anderson) is advised by Kirkland & Ellis (led by Kieran Maclennan, Dipak Bhundia, David Higgins, Chris Connolly, Victoria Legg, Christopher Shield, Leon Daoud, Ben Burton, Prem Mohan, Dr. Thomas S. Wilson, Athina Van Melkebeke, Peter Abbott, Siv Devakumar, Max Harris, Anand Damodaran, Amy Fox, Agne (AJ) Eriksson and Lisa Zhang). #MergersAcquisitionsDivestitures #PrivateEquity #Software

Branch has reportedly raised US$51 million in a new funding round led by American Family Ventures and HSCM Ventures. According to latest reports, the investment will fuel Branch’s growth trajectory, enabling the company to expand its product offerings and geographic reach. Co-founder and CEO Steve Lekas is yet to comment on the news. The insurtech has a robust market reputation, and in June 2022, Branch raised $147 million in Series C funding and gained a postmoney valuation of $1.05 billion. Read the full story here: https://lnkd.in/eg_DWZnE #insurtechinsights #insurtech #funding #investment #branch

CVC Capital Partners, Nordic Capital and Abu Dhabi Investment Authority (ADIA), offered to acquire Hargreaves Lansdown, a financial service company based in Bristol that sells funds and shares and related products, for £5.4bn ($6.8bn). Hargreaves Lansdown said its board will unanimously support the revised offer at the proposed value. CVC Capital Partners, Nordic Capital and Platinum Ivy — a subsidiary of sovereign wealth fund Abu Dhabi Investment Authority — latest offer follows previous approaches from the consortium. Hargreaves Lansdown (led by Dan Olley and Amy Stirling) is advised by Barclays (led by Alisdair Gayne), Deutsche Numis (led by Charles Farquhar), Fenchurch Advisory Partners (led by Richard Locke), Morgan Stanley (led by Gillian Sheldon) and Brunswick Group (led by Nick Cosgrove). #MergersAcquisitionsDivestitures #FinancialServices #Investment

Cordoba Financial Services Limited (CFSL) has successfully raised new equity investment through the issuance of shares worth up to 20%, with the funds credited to its account. Cordoba Logistics & Ventures Limited (PSX: CLVL), the parent company of CFSL, informed market participants of this development through a notice issued to the PSX today.

Another entrant into the RIA minority stake game while simultaneously acquiring OCIO platform Mount Yale. Jim Dickson off the bench with his teammate Mark Penske/United Atlantic Capital. Elevation joins Rise Growth Partners, Emigrant, Merchant & Constellation Wealth, among others, in the pursuit of providing capital, partial monetization & a staggered succession to RIAs. We are not quite approaching the 31 flavors of Baskin Robbins but it appears the RIA minority stake space may be becoming crowded. RIAs now have another potential liquidity and partial exit partner as the OCIO/TAMP space continues to consolidate. #wealthmanagement #RIA #OCIO #TAMP #StaggeredSuccession #FinServ