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MAB finalises purchase of Fluent Money Group

Mortgage Advice Bureau (MAB) has completed its acquisition of The Fluent Money Group. The plan to do so was first announced at the end of March this year, in which MAB agreed to buy 75% of the firm for a cash payment of £73m. The final deal saw MAB close the purchase of 75.4% of the group for £72.7m. MAB chief

Peter brodnickiFluent money groupMortgage advice bureauFluent money

Investegate |Mortgage Adv Bureau Announcements | Mortgage Adv Bureau: Acquisition of The Fluent Money Group

Investegate announcements from Mortgage Adv. Bureau, Acquisition of The Fluent Money Group

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Mortgage Advice Bureau pays £73m for Fluent Money Group

Mortgage Advice Bureau (MAB) has announced the acquisition of Fluent Money Group. MAB has agreed to buy 75% of the firm for a cash payment of £73m based on an enterprise value of £95m. Alongside this initial move, MAB has negotiated a put and call option to buy the remaining 25% of Fluent in six years “at a valuation

Peter brodnickiFluent money groupMortgage advice bureauFluent money

Mortgage Advice Bureau acquires Fluent Money; beats pre-virus levels

Mortgage Advice Bureau acquires Fluent Money; beats pre-virus levels
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