Investor profile

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N4 Partners

PE

GBHealthtechBio/PharmaFintechEnterpriseConsumerOther

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Investment thesis

N4 Partners is a Glasgow-based investment and advisory firm that invests both directly and with third-party capital in aspiring companies with talented and diverse management teams, partnering closely with management across buyout, growth, and general venture opportunities. The firm operates across multiple arms: N4 Investments deploys seven-figure direct PE tickets into UK SMEs across sectors including professional services, healthcare/life sciences, and industrials; while N4 Ventures, its FCA-regulated VC arm, targets EIS/SEIS-qualifying early-stage UK startups with tickets of £100k–£750k, with a sector-agnostic mandate that prioritises NetZero, SaaS, Healthtech, Life Sciences, Cyber, Spacetech, and Fintech, and a deliberate focus on under-represented female entrepreneurs.

Notable quotes

Scotland has a terrific record of supporting ambitious startups, from leading university spinouts to the existing support ecosystem for early-stage businesses.

Gordon Merrylees · N4 Partners press release / ffnews.com · 2023-06-05

I had the pleasure of working with Gordon for a number of years at RBS and his passion for supporting entrepreneurs and startups throughout the UK is unparalleled.

Benny Higgins · insider.co.uk – N4 Partners appoints Gordon Merrylees · 2022-08-11

We're proud to back a business which is producing life-changing research for the millions suffering from neurological conditions worldwide.

Allan Dowie · legal500.com / n4partners.com – NeuroClin investment announcement · 2024-01-18

Team

Allan Dowie

Partner & Co-Founder

EnterpriseFintechHealthtechOther

Keith Gibson

Partner

EnterpriseOther

Keith Mitchell

Partner & Co-Founder

EnterpriseOther

Shauna Powell

Partner & Co-Founder

Other

Gordon Merrylees

Head of Ventures / Director

B2B SaaSHealthtechCybersecurityFintechClimate

Benny Higgins

Chairman

EnterpriseFintech

Recent investments

CompanyRoundSizeDate
Pantonite LLCUnattributed2025-01-01
NeuroClinFollow-on / Unattributed2024-01-18
Opulus Financial (Wbg)Majority Buyout2024-03-25
David Brown SantasaloBuyout / Exit2023-03-07
Paul Hodgkiss DesignsUnattributed
R Wilson & SonUnattributed
MclagganUnattributed

Frequent co-investors

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