AIM IPO of Mortgage Advice Bureau (Holdings) Plc

Deal typeTransaction Services
IndustryFinancial Services

The BDO Transaction Services team has recently advised Mortgage Advice Bureau (Holdings) Plc (“MAB”) on its AIM IPO and institutional placing. MAB is a leading, national mortgage broker with a network of over 600 mortgage advisors in the UK. Based on the placing price of 160p per share, MAB had a market capitalisation of around £81 million on admission raising around £36 million for the selling shareholders who have sold a 45% shareholding in the company.