Acceleris Capital arranges and manages investments by high net worth individuals under the Enterprise Investment Scheme and has moved its to The Parks in Haydock. Tony McDonough reports

North West corporate finance advisory firm Acceleris Capital has moved from Manchester to Merseyside to larger offices on the back of increasing demand from Northern SMEs for funding.

The company, which arranges and manages investments by high net worth individuals under the EIS (Enterprise Investment Scheme) into small firms, is in the midst of a growth drive, having merged with investment platform InvestingZone in early 2016.

The Acceleris Capital team has relocated from Lowry House in Manchester city centre to The Parks at Haydock – the 4,000 sq ft head office of parent company Seneca Partners. 

Norman Molyneux, founder and chief executive of Acceleris, said: “2017 is proving to be a landmark year for Acceleris – we have just passed £100m in funds raised for SMEs – which is a tremendous milestone for the business.

“Looking forward, we are working more closely with the Seneca EIS investment team, which was a key factor in our move to Haydock along with the need for more space.”

Molyneux says the relocation will strengthen both organisations’ offering to SMEs, with clients able to access advice from start-up to scale-up and exit.

One example of the closer integration between Acceleris and Seneca has been the launch this month of Seneca’s EIS Portfolio service on the InvestingZone platform.

This is the first stage of a strategic investment to broaden and reposition InvestingZone.

The Seneca EIS Portfolio is an established discretionary investment management service. Launched in December 2012, it has raised more than £40m and completed 58 investment rounds into 33 companies in a wide range of sectors.