AFH targets larger acquisitions after successful fundraise

In April, AFH announced it was aiming to raise up to £10m through the placement of new ordinary shares on the London Stock Exchange's AIM market in a bid to strengthen its buying power and chief executive Alan Hudson has confirmed the group is continuing to increase the size of the acquisitions it makes. "The fundraising has provided the company with the ability to complete a number of strategic and tactical acquisitions during the remainder of the year and into 2018," he added. Since the AIM placement, AFH has already made two acquisitions, spending up to a total of £10m on protectio...