Mercia exits Intechnica investment following £14.5m sale to US company
Investment group Mercia has exited Intechnica Holdings, the Manchester-based provider of specialised IT and technology consulting services for private equity firms, following its £14.5m sale to US-based Crosslake Technologies.
Mercia held a majority stake in the business via its own direct funds and three of its managed funds, and founders Jeremy Gidlow and Andy Still.
It first invested in December 2013 and has proactively supported the business since then, building out the board and then initiating the spin-out of its cyber se... 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...
