Mercia to accelerate shareholder returns after record year for capital deployment
Mercia will return £7m to shareholders as part of the group's evolution to a pure play, regionally-focused private capital asset manager, boosted by "an excellent set of full year results".
The Warwickshire-headquartered group backs SMEs and last year invested £284m into 165 businesses, through venture, debt, private equity and proprietary capital.
"The last 12 months have been our absolute record year in terms of capital deployment," chief executive Mark Payton told TheBusinessDesk.com.
Its third-party funds include the r... 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...
