Numerica to trade shares next week

Numerica to trade shares next week

Accountancy consolidator Numerica will begin trading on Alternative Investment Market next Tuesday after the company allocated its shares to institutional investors.

The business services group is due to issue a press release on Thursday giving financial details and confirming the flotation, news of which was broken by Accountancy Age last week.

A spokesman from financial advisers Collins Stewart confirmed the news saying: ‘Their shares will start trading on the 30th.’

The funds raised will be used to acquire further firms for the consolidator.

Mid-tier firm Levy Gee is the biggest component of Numerica so far, and will adopt the name next year.

Other firms involved include Bristol-based firm NMGW and London firm Jayson Newman, acquired in July and August this year. They will also take on the Numerica name.

Links

Numerica to float next week

Levy gee brand to be axed

Related Articles

Top 50+50: Ranking reshuffle as firms break £15bn barrier

Accounting Firms Top 50+50: Ranking reshuffle as firms break £15bn barrier

4w Emma Smith, Managing Editor
Top 50+50: Eight highlights from the 2018 ranking

Accounting Firms Top 50+50: Eight highlights from the 2018 ranking

4w Emma Smith, Managing Editor
Compulsory retirement: avoiding the partner pitfalls

Accounting Firms Compulsory retirement: avoiding the partner pitfalls

2m Lewis Silkin
Mitchell Charlesworth hires two tax managers

Accounting Firms Mitchell Charlesworth hires two tax managers

2m Emma Smith, Managing Editor
Founder of Escalate on how the service is transforming the accountancy industry

Accounting Firms Founder of Escalate on how the service is transforming the accountancy industry

2m Emma Smith, Managing Editor
Top 50+50 UK Accountancy Firms 2018 – deadline extended!

Accounting Firms Top 50+50 UK Accountancy Firms 2018 – deadline extended!

3m Emma Smith, Managing Editor
CogitalGroup announces acquisition of Wilkins Kennedy

Accounting Firms CogitalGroup announces acquisition of Wilkins Kennedy

3m Emma Smith, Managing Editor
Blick Rothenberg acquires Westleton Drake

Accounting Firms Blick Rothenberg acquires Westleton Drake

3m Emma Smith, Managing Editor