Mercia invests £8m in traffic management firm in its biggest deal

From left: John Connolly (Brabners), Nick Owen (Total Resources), Ian Wilson (Mercia), Paula McGrath (Brabners), Les Thompson (Total Resources), Wayne Thomas (Mercia)
Mercia Fund Managers has invested almost £8m into a traffic management business in its largest single transaction to date. The deal, involving the North West offices of Mercia, and law firm Brabners, was in Total Resources UK and includes growth, debt and venture funding. It will allow the business to expand its existing depot network across the UK, creating up to 100 jobs. Total Resources is based in Boldon, South Tyneside, and operates depots in Gateshead, Haydock, Leeds, Kidderminster, Mansfield and Essex. It provides ... 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...
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