More on Begbies Traynor (LON:BEG), they are to acquire David Rubin & Partners, insolvency practice, maximum consideration £25m. Funded by a fundraise for £22m at 105p per share. (Included an open offer on Primary Bid), The acquisition is expected to be immediately earnings enhancing. This delivers a significant increase in the scale of the business recovery and financial advisory business. Combined with the CVR acquisition, there is a material increase in the scale of the London market. With the recent acquisitions and other organic growth initiatives, they are well positioned to deliver material growth in 2021/22.

Here, a presentation on the acquisition by Ric Traynor, Exec Chairman and Nick Taylor, Group FD.

Video & Podcast.

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