Awarded by MoD
Raised £15m earlier this week
£80m FUM and £100m property portfolio
Unlikely to be a contagious trend
For new clients and investment top-ups
'Natural development of strategy'
'Only question is the timescale'
Initial price of £257,000 in cash
AFH has six segregated mandate funds
Made 14 acquisitions in 2017
Profits up by 83%
AFH acquired 14 firms in 2017
Will have £20m war chest
Follows three M&A deals in one morning
Adds £16.5m funds under management