Flexpoint, a private equity investment firm, completed the acquisition of AFH Financial Group, an independent financial advice services provider, for $327m. "Looking ahead, the independent directors believe that Flexpoint and Bidco will be excellent partners to AFH and support the continued growth of the business and that the Acquisition is in the best interests of all stakeholders of the Group. The independent directors of AFH therefore intend unanimously to recommend that shareholders vote in favour of the resolutions relating to the acquisition," John Wheatley, AFH Chairman. On March 2, 2021, the offer was increased from $307m to $327m. On May 18, 2021, Financial Conduct Authority approved the proposed acquisition of AFH by Flexpoint.