Manx Financial Group acquired Blue Star Business Solutions.

Synopsis

Manx Financial Group, an AIM-listed company which has subsidiaries engaged in a suite of financial services based in the Isle of Man and the UK, acquired Blue Star Business Solutions, a finance broker in Medstead, England. Financial terms were not disclosed. This acquisition is part of the group’s strategy to increase its distribution in the UK broker market.

Principals

target

Blue Star Business Solutions

bidder

Manx Financial Group

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Market Context

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Seller Team (1)

mark hayman

Director at BLUE STAR BUSINESS SOLUTIONS

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

douglas grant

Finance Director at MANX FINANCIAL GROUP PLC

Manager

bidder

Deal

n/a

Total Value

denham eke

CEO at MANX FINANCIAL GROUP PLC

Investor

bidder

Deals

n/a

Total Value

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