Rebrand for group behind Northern investments

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Mercia Technologies PLC, which has invested in Northern businesses including Intechnica, Blue Prism and Soccer Manager, has announced a rebrand.

Its fund management subsidiaries, which include Enterprise Ventures and Mercia Fund Management, will now be known as Mercia Fund Managers and has unveiled a new website.

The group, which focuses on innovative businesses with high growth potential from the UK regions, has more than 400 businesses in its portfolio and manages in excess of £330million of third party funds.

Mark Payton, CEO of Mercia, said: “This is an exciting time for Mercia as we continue to scale the business and increase our funds under management. As a result of our rapid growth, we feel that now is the right time to bring the fund management subsidiaries under one brand.

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