Consolidator AFH Financial Group has raised £15m that will be earmarked for further acquisitions and "general corporate purposes" through the conditional issue of convertible unsecured loan stock (CULS).
Announcing its plans for the placing at the end of last month, the company said it was looking to raise up to £20m and had "a strong pipeline of potential acquisitions under consideration", with five deals...
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Due diligence challenges
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November
Financial wellbeing junkies