AFH has completed the acquisition of Colchester-based IFA Britton Financial for up to £2,081,000. The deal will see owner Ken Kerr retire and his clients now serviced by existing AFH advisers.
According to AFH, the initial consideration for the acquisition is £1.1m in cash, funded from its existing cash resources. Further deferred consideration will be payable in cash over the next 26 months...
£1bn business since inception
Considered doing so in 2015
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