Meritor deal signals AFH's professional connection ambitions
‘Pathway to work’
Alan Hudson: "We are aware of a number of similar businesses linked to legal and audit practices that are deemed non-core to those organisations."
AFH has signalled its professional connection ambitions with the acquisition of the client portfolios of Meritor, the financial advisory business of national legal practice Freeths, for up to £0.53m.
According to the financial planning-led wealth management firm, the deal is expected to add approximately £330,000 of annual recurring revenue and the initial consideration is £330,000 in cash, funded...
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