Law practice roll-up
they now expect to make £25m PBT https://data.fca.org.uk/artefacts/NSM/RNS/4774894.html in the year to 30 April 2023. They are worth only about £83m market cap + £30m debt ~ £115m... not bad I think
Knights Group Holdings (LON:KGH) have acquired two new practices - data.fca.org.uk/artefacts/NSM/RNS/47551…. The acquisition prices seem to be sensible at around 8-10 PE and tied to various performance conditions.