AFH-acquired advice firm fails
It is one of two companies that have gone bust according to the UK lifeboat scheme
AFH Group
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Swiss banking giant reshuffles c-suite, as IFA firm names head of adviser academy
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Private equity firm completes £231.6m acquisition of AFH
‘There was a clear opportunity to consolidate in order to better serve customers and create increased value’
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Regulator approves £231.6m sale of UK financial advice group
After the wealth manager’s shareholders backed deal at the second time of asking
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US private equity firm increases bid for AFH to £231.6m
A day after the UK wealth manager postponed its shareholder vote on the original offer
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AFH postpones shareholder vote on £225m offer
Trading in the firm’s shares has been suspended since 7.30am on Monday
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AFH shareholder reportedly rejects £224.5m M&A bid
‘We just don’t think they should be looking to sell’
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AFH Group urges shareholders to back £225m offer
As another US firm ventures into the UK wealth management space
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Financial planning firm to end acquisition hiatus
It also expects a ‘strong pipeline of employed advisers’ to join the company in 2021
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Wealth firm buys client book of insolvent business
Company went into administration on 7 August
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M&A drive expected to boost UK advice firm revenue by 50%
As it focuses on ‘organic growth and cash generation’ following its acquisition spree
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M&A triple for global financial advice sector
AFH, Morningstar Australasia and Zedra all complete acquisitions