London Stock Exchange welcomes IntegraFin Holdings plc to the Main Market
London Stock Exchange today welcomes IntegraFin, which provides platform services to UK clients and their financial advisers through its award-winning platform, Transact, to trading on the Main Market.
The Group was founded in April 1999 and launched the first UK platform in March 2000. Since then, Transact has remained one of the UK's leading independent platforms with approximately £29.7 billion of funds under direction as at 31 December 2017.
The Group has deep and long-standing relationships serving more than 150,000 clients on behalf of over 5,100 financial advisers, working in c.3,000 financial advisory firms. The Group employs c.500 staff.
Ian Taylor, Chief Executive of the Company said:
"It is 19 years since our foundation as the UK's first B2B platform company and we are delighted to list on the London Stock Exchange. We are proud to have built a leading business that provides a premium service to the clients of UK financial advisers. Supported by a growing demand for financial advice, an increasingly complex investment landscape and strong growth drivers in the UK wealth management market, we believe we are well-positioned to continue to achieve long-term sustainable growth."
Key advisers on the Placing and Admission included Peel Hunt who acted as sponsor, sole bookrunner and broker, Evercore as financial adviser, Eversheds Sutherland as legal advice, BDO as accountants & auditors and Lansons as financial communications advice.