Independent investment group Shore Capital Group acquired Stockdale Securities for £9m. Stockdale serves an institutional and corporate client base offering corporate advisory and corporate broking, equity research, sales and trading services to institutional investors, with a focus on small and mid-cap companies and listed investment funds. Stockdale's corporate broking and advisory team acts for 53 corporate clients and it has dealing relationships with approximately 200 institutions. Commenting on the acquisition, Simon Fine, Co-Chief Executive of Shore Capital, said: "We are delighted to welcome the Stockdale team to Shore Capital. The combination of our complementary businesses adds scale, expertise and diversity to Shore Capital, demonstrating our commitment to serving the needs of our combined institutional and corporate clients."