Half Year Results 

Fair value gain for Mercia Technologies

Fair value gain for Mercia Technologies

In the first half, Mercia Technologies’ (MERC) managed funds were buoyed by a £34.5m cash realisation from Blue Prism (PRSM) – a specialist in robotic process automation. This represents a multiple of 55 times the initial investment by Mercia’s ‘RisingStars Growth Fund’ in 2004. Bosses explain that Mercia’s third-party managed funds shoulder the initial risks of investing in a range of innovative technology businesses. The group then selects ‘emerging star’ holdings from within the funds, providing these with further capital from its own balance sheet.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now