Private equity firm completes £232m acquisition of AFH
‘There was a clear opportunity to consolidate in order to better serve customers and create increased value’
‘There was a clear opportunity to consolidate in order to better serve customers and create increased value’
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Trading in the firm’s shares has been suspended since 7.30am on Monday
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‘We just don’t think they should be looking to sell’
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As another US firm ventures into the UK wealth management space
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Source says to expect more deals before 2019
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Wealth manager buys 11th firm in a year
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UK investment management company AFH Group has blasted platforms as too expensive and announced the company will be absorbing fees for new clients and scrapping them for existing clients.
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Private equity and product providers are driving up the cost of buying bigger IFA businesses, according to serial acquirer AFH Wealth Management.
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Wealth manager AFH has continued its acquisition spree with the purchase of Hertfordshire-based Monopoly Financial Consultants for £631,000.
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Wealth manager AFH has announced it has completed a £1.1m deal to take over a south-east advisory firm.
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AFH Financial Group has announced the purchase of Independent Financial Services in the firm’s largest ever acquisition.
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