Gowling advises Mercia on £11m acquisition

International law firm Gowling WLG, formerly Wragge Lawrence Graham & Co, has advised AIM-quoted Mercia Technologies PLC (Mercia) on its £11m acquisition of Enterprise Ventures Group Ltd (Enterprise Ventures).

Mercia is a technology-focused investment company which has developed its hybrid investment model to help fund, support and create value from some of the UK’s most innovative technology ventures. Enterprise Ventures is a leading provider of early stage and growth finance through £200 million of third party managed funds in the North of England.

Corporate partner Kristian Rogers led on the deal with a cross-firm team which included senior associate Mark Rowan and associateLaura Le Marechal in the Corporate team and partner Jon Lent and principal associate Gurinder Mann in the Banking team.

Partner Lee McBride and associate Charlotte Brady provided real estate advice, while tax support came from partner Mike Murphyand associate Rajiv Shah. Senior associate Sinan Alnajjar worked on employment issues and associate Ben Goldby advised onpensions. Health and safety principal associate Michael Hafen also advised.