Technology investor makes strong progress in profitable year
Mercia Technologies, the technology investor focused on the UK regions, has welcomed a "positive year" in which it recorded a £1.1m profit and increased the value of its portfolio companies.
It believes it has built "a compelling and sustainable model", which sees it invest third party funds into businesses and then takes the best of those - which it calls its "emerging stars" - and invests directly in their growth.
Revenue grew substantially in the year to March 2017, from £1.76m to £6.66m, which is mostly because of the acq... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
