BNL: 100 acquisitions after Aim float
The Broker Network intends to acquire 100 brokers in the next five years, following plans to float o...
The Broker Network intends to acquire 100 brokers in the next five years, following plans to float on the Alternative Investment Market.
The floatation is expected to raise £4m - yielding a market capitalisation of £16m. The move will help BNL step up its acquisition programme, having acquired four businesses last year with a further eight currently in the pipeline.
Chief executive officer, Grant Ellis, said: "We intend to capitalise on our first-mover advantage as a well-established network. We
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