Sale of Science Warehouse / Mar 2018
Mercia’s second largest direct investment holding, Science Warehouse is sold to Advance Business Software and Solutions Limited for a full cash exit of £16.9million.Read more
Mercia awarded Midlands Engine Investment Fund / Feb 2018
Mercia Fund Managers awarded a £23.0million Proof-of-Concept and Early Stage Equity Fund, part of the Midlands Engine Investment Fund.Read more
First closing of EV Growth II / Dec 2017
First closing of EV Growth II with initial commitments totalling £45.1million.Read more
New partnership secured with the University of Edinburgh / Nov 2017
Non-exclusive partnership secured with the University of Edinburgh; providing access to Edinburgh Innovations and increasing Mercia’s university partnerships to 19.Read more
New Group website launched / Oct 2017
Mercia launches a new website which brings Enterprise Ventures, EV Business Loans, Mercia Fund Management all under one identity - 'Mercia Fund Managers.'Read more
New contracts awarded / Feb 2017
Group wins significant new contracts totalling £108.5millon with British Business Bank, increasing third party funds under management by nearly 50% to over £336.5million.Read more
£40.0million placing completed / Jan 2017
Placing of new Ordinary shares at a price of 46 pence per Ordinary share raising, in aggregate, £40.0million.Read more
Sale of Allinea to ARM / Dec 2016
Allinea Software is sold to ARM Limited for £18.1million.Read more
AIM-listing for Concepta / Jul 2016
Concepta PLC lists on AIM by way of a reverse takeover.Read more
18 university partnerships / Jun 2016
Mercia increases number of university partnerships to 18.Read more
Acquisition of Enterprise Ventures / Mar 2016
Mercia acquired Enterprise Ventures Group Limited, creating a go-to provider of early-stage and growth capital in the Midlands, the North of England, and Scotland, operating from six regional offices.Read more
New offices and partnerships / Oct 2015
Mercia opened an office in Edinburgh. It also began Scottish partnerships with the University of Strathclyde and Abertay University, as well as three partnerships across the North of England with the Universities of York, Liverpool, and Liverpool John Moores University, taking its universities to 14.Read more
Mercia Technologies lists on AIM / Dec 2014
Mercia Technologies PLC listed on AIM, raising £70.0m. Mercia Fund Management became the wholly-owned subsidiary of Mercia Technologies, providing Mercia with a 'Complete Capital Solution' for technology businesses.Read more
Nine university partnerships / Apr 2013
Mercia Fund Management increased the number of university partnerships to nine across the Midlands, with £22.0m under management through third party funds.
Relocation of offices / Jan 2013
Mercia Fund Management relocated from Birmingham to Forward House in Henley-in-Arden (West Midlands).
First EIS/SEIS fund raised / Apr 2012
Mercia Fund Management raised the first hybrid Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) fund to come onto the market.
Launch of the Complete Capital Solution / Jan 2012
Forward Group became a shareholder in Mercia Fund Management (MFM). MFM launched the full funding model of early-stage investment from third party funds to follow-on direct investment from the balance sheet (the Complete Capital Solution).
Mercia Fund Management created / Jan 2010
Management buyout led to the creation of the third party fund manager Mercia Fund Management.
Collaboration with Forward Group / Jan 2007
Forward Group established a collaboration with WME on the basis of their common interest in supporting and investing in the UK’s leading university spinouts.
Eight university partnerships / Jan 2006
Mercia Fund Management expanded university partnerships to eight.
Launch of MF1 / Jan 2000
WME launched Mercia Fund 1 (“MF1”), a £4.0million evergreen seed fund providing support and capital to spinouts from the Universities of Birmingham and Warwick.
WME established / Jan 1982
WM Enterprise Limited ("WME") was established in 1982 as a venture capital provider.