Fiske plc (AIM:FKE) acquired Book of existing client relationships of AUM £47 million from Brian Thomlinson for £0.32 million on April 3, 2023. The initial cash consideration is £0.16 million is payable immediately, and there will be a maximum deferred consideration of £0.16 million which will be payable in three annual instalments, subject to certain performance conditions. Post the acquisition, Brian Thomlinson, who is a long-standing, self-employed Investment Manager at Fiske, will become an employee of Fiske. The gross revenue generated from the client book in the last twelve months was £0.32 million. It is expected that the transaction will have a neutral impact on the performance of Fiske. Samantha Harrison, Harrison Clarke and Samuel Littler of Grant Thornton UK LLP acted as the financial advisor to Fiske plc (AIM:FKE).

Fiske plc (AIM:FKE) completed the acquisition of Book of existing client relationships of AUM £47 million from Brian Thomlinson for £0.32 million on April 3, 2023.