Gowling WLG advises Mercia Technologies plc on £11 million acquisition of Enterprise Ventures Group Limited

A March 2016 instruction saw several of Gowling WLG's teams collaborate to assist client Mercia Technologies plc (Mercia) on its acquisition of Enterprise Ventures, a leading provider of early stage and growth finance.

Corporate partner Kristian Rogers led on the deal with support from senior associate Mark Rowan and associate Laura Le Marechal in the Corporate team and partner Jon Lent and principal associate Gurinder Mann in the Banking team. Members of the Real Estate, Tax, Employment, Pensions and Health and Safety teams also contributed to provide Mercia with the best possible service.

Mark Payton, CFO of Mercia, commented: "We've worked with Kris and the team at Gowling WLG for some time now. They consistently provide top-quality legal advice which is commercially-focused and in tune with our business and the markets in which we operate".

Mercia is a tech focused investment company with an investment model to help fund, support and create value from some of the UK's most innovative technology ventures.

Kristian Rogers mentioned that "this latest acquisition significantly accelerates Mercia's aim to become a leading national technology investment business and expands the funnel of future direct investment prospects across Mercia's key technology sectors."