Wealth manager hits the acquisition trial with £1m deal

AFH chief executive Alan Hudson
Worcestershire wealth management group, AFH, has hit the acquisition train again, purchasing a firm in the South East in a deal worth more than £1m. Bromsgrove-based AFH has acquired the assets of J W Wealthcare, in a move which increases its presence in a competitive market. Under the terms of the deal, the combined maximum purchase price is £1.1m, payable in cash over the next 26 months in four tranches, dependent upon performance criteria being met. The acquisition is expected to contribute an aggregate of approximately ... 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...