Peter Dines

Managing Director for National Venture at Mercia Asset Management

Peter joined the Group in 2015 as Head of Life Sciences & Biosciences, with over 20 years’ experience in this sector, and became Chief Operating Officer in 2018. He is now Managing Director of National Venture responsible for the VCT division and retaining a specialism in Life Sciences, responsible for a number of the life science portfolio investments including Locate Bio, Newcells, Axis Spine Technologies, Biological Preparations and Medovate and in July 2020 he oversaw the successful exit of The Native Antigen Company.

Peter has been involved with a number of turnarounds and exits within the sector, including the acquisition of Surgicraft’s loss-making business where, as Managing Director, sales quadrupled within three years and the business was subsequently sold to a private equity-backed business and Diagnostic World, a fast-growing diagnostic provider to the NHS, which later re-branded as C7 Health and successfully exited in 2022.

Links

Timeline

  • Managing Director for National Venture

    Current role

  • COO

View in org chart