AFH Acquires Omega Consulting

May 19, 2014

On May 19, 2014, AFH Financial Group plc (LSE: AFHP) announced the acquisition of the assets of Norwich-based Omega Consult Ltd.


On May 19, 2014, AFH Financial Group plc (LSE: AFHP) announced the acquisition of the assets of Omega Consult Ltd.  The purchase price for the acquisition is comprised of an initial cash payment of GBP 28,500, up to a maximum of GBP 88,500 over a 26-month period based on performance.  Based in Norwich, Omega has approximately GBP 14 million in assets under management.  After the transaction is complete, Omega‚Äôs clients will be serviced by existing AFH advisors.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions