Macfarlanes advises Canaccord and N+1 as joint brokers to Mercia Asset Management on AIM fundraising

The fundraising was conducted in order to provide the cash component of the initial consideration in respect of the acquisition by MAM’s subsidiary, Mercia Fund Management Limited, of the VCT fund management business of NVM Private Equity LLP as well as to provide additional ongoing working capital.

The Macfarlanes team was led by corporate and M&A partner Robert Boyle with assistance from corporate and M&A solicitor Alex Critchley and tax and reward partner Jeremy Moncrieff.

Robert Boyle comments: “This was a great opportunity to work alongside Canaccord and N+1 providing advice in connection with a transaction for an issuer which provides much needed capital to high growth SMEs, predominantly in the Midlands, the North of England and Scotland.”