Wealth management firm to raise £15m for more acquisitions

AFH chief executive Alan Hudson
Wealth management firm AFH is looking to maintain the pace of its consolidation strategy by rising a further £15m from the markets. It has "a strong pipeline of potential acquisitions that are under negotiation" and expects to complete more deals shortly. The Bromsgrove firm has spent £16m acquiring 16 businesses in the last year, before taking into account future payments. It has told the stock market that it "remains well positioned to take advantage of consolidation opportunities in the IFA market". It is seeking to r... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...