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ONSIDE / TEAM PROFILE Acceleris deal will build £25m funding pot Seneca Group has formally acquired investment business Acceleris in a deal to target investment into businesses using the Enterprise Investment Scheme (EIS) B etween them Acceleris and Seneca have raised a total of £16m into EIS funds and successfully invested in 30 companies, principally in the North of England, creating over 500 jobs. The deal will result in a combined firepower of over 30 investment professionals with experience of structuring deals and backing entrepreneurs. Seneca’s Ian Currie said: “We are currently seeing more and more good quality smaller UK companies with excellent growth prospects who have not been able to secure funding from traditional sources. As a result we believe this is an excellent time to invest in Britain’s businesses and the combination of our EIS Portfolio Service with the experience of the Acceleris team provides a