IN BRIEF: Alpha Growth eyes US acquisition and potential relisting
17th Jul 2025 14:35
Alpha Growth PLC - London-based financial advisory services focused on longevity assets and insurance-linked asset and wealth management - Calls general meeting for August 1 for shareholders to approve an all-share acquisition. The unnamed target is a holding company for a group of businesses involved in claims management in the US. The target has been valued at between USD192 million and USD227 million, which Alpha Growth notes is more than 10 times than the higher market capitalisation Alpha Growth itself ever achieved. The target company had USD9 million in profit in 2023 and cash reserves of USD12 million. Unaudited results show both of these rising in 2024, Alpha Growth says. Read More