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Capital Markets Team advises AFH Financial Group plc on £15 million placing
Goodman Derrick’s Capital Markets team has advised AFH Financial Group plc, the AIM-quoted leading financial planning led investment management firm, on its £15 million placing. This fundraising was undertaken by way of an accelerated bookbuild process and was completed on 16 October 2018. Liberum Capital Limited acted as nominated adviser and broker to AFH.
During the last 12 months, AFH has carried out the acquisition of 16 businesses and has deployed approximately £16 million of initial consideration. The net proceeds of the placing will be used to execute AFH's acquisition pipeline.
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