AFH buys Maidstone-based Core FS for up to £7.7m

Biggest deal in 27-year history

AFH chief executive Alan Hudson said the 16th acquisition of the group’s financial year significantly expanded its position in the south east of the UK
AFH chief executive Alan Hudson said the 16th acquisition of the group’s financial year significantly expanded its position in the south east of the UK
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AFH has completed the acquisition of Core Financial Services, paying up to £7.7m in a deal that includes the Maidstone-based IFA, parent company Core Financial Holdings and the assets of Core Corporate Planning.

As a result of the transaction, which adds £230m to AFH's funds under management, Core CEO Mark Sutton together with nine advisers and their support staff, will join the group. AFH revealed the initial...

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