Second acquisition in 48 hours completes £10m spending spree for wealth manager
Bromsgrove wealth management group, AFH, has announced its second major acquisition in the space of 24 hours.
Just a day after announcing the deal to acquire Parker Sage, a Canary Wharf-based IFA, AFH said it had completed an initial £1.5m deal - which could rise of £4.5m dependent on performance - to expand its coverage in Suffolk with the acquisition of Newmarket-based financial planning firm Eunisure.
The combined deals could eventually amount to more than £10m of investment on the part of the acquisitive AFH.
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