English Marquee Company Raises Funds to Elevate Event Experiences
Deal News | Dec 18, 2024 | Mercia Fund Management (Mercia Ventures)
The English Marquee Company, a Yorkshire-based firm specializing in marquee hire for exclusive events, has secured a six-figure funding package from Mercia Debt Finance through the Northern Powerhouse Investment Fund II (NPIF II). Founded in 2018 by siblings Sam and Victoria Peters, the company is recognized for providing innovative and high-quality marquee solutions for weddings, corporate events, and other gatherings. The latest funding will facilitate the addition of a bespoke new structure, capable of accommodating 350 people, enhancing the company's offerings amid a rising demand for outdoor event solutions since the pandemic. Mercia Debt, as part of the NPIF II, continues to support local businesses in the North of England, driving economic growth by increasing access to finance for small and medium-sized enterprises.
Sectors
- Event Management
- Financial Services
- Construction and Manufacturing
Geography
- United Kingdom – The article focuses on a UK-based company, The English Marquee Company, and its operations predominantly in England.
- North of England – The Northern Powerhouse Investment Fund II, which provides the financing, specifically targets businesses in the North of England.
Industry
- Event Management – This industry focuses on the organization, planning, and execution of events, which is the core business of the English Marquee Company.
- Financial Services – Mercia Debt Finance and Northern Powerhouse Investment Fund II are providing the financial backing, making financial services a relevant industry.
- Construction and Manufacturing – The creation and customization of marquee structures involve elements of construction and manufacturing.
Financials
- Six-figure – The amount raised by The English Marquee Company from NPIF II through Mercia Debt Finance.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The English Marquee Company | Target Company | Company | A marquee hire company based in Ripon, providing innovative and bespoke marquee solutions for events. |
| Mercia Debt Finance | Funding Provider | Company | Part of Mercia Ventures, managing investments for NPIF II to support businesses in the North of England. |
| Northern Powerhouse Investment Fund II (NPIF II) | Funding Source | Company | A fund aimed at driving economic growth in the North of England by providing financing to small and medium-sized businesses. |
| Sam and Victoria Peters | Founders | People | Founders of The English Marquee Company, who identified the market need and established the company in 2018. |
| Andy Clough | Representative of Mercia Debt | Person | Represents Mercia Debt Finance in their investment and support of The English Marquee Company. |
| Lizzy Upton | Senior Manager at British Business Bank | Person | Involved in overseeing funding opportunities supporting businesses in the events sector. |