AFH has completed the acquisition of the client portfolios of Warwickshire-based Groom Associates for the initial sum of £321,000.
The consolidator said the acquisition was funded from existing cash resources and will be payable over the next 26 months, with the maximum purchase price being £615,000. As a result of the acquisition, AFH...
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Due diligence challenges
Reasons to be optimistic in 2021
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131 firms have authorisations revoked