We are delighted to report a successful £5m pre-flotation funding
for our client Phoenix Finance. The company will use the funding to
make a strategic acquisition ahead of a planned flotation later in the
year.
John Holland the senior partner at Holland Bendelow, said: “Phoenix
has a robust business model and the fundraising is particularly timely,
enabling the company to add scale to the group ahead of the flotation”
Once listed, the company intends to use the public markets to
undertake further acquisitions in 2017.
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