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.