Anexo primed for AIM listing

The company hopes the move will raise £10m investment capital, and a further £15m for its selling shareholders, of which more than £5m will be repaid to the company.

Prior to the listing, Anexo achieved organic growth of 10 per cent since 2015, registering £14.6m pre-tax profit on revenue of £44.7m for the 2017 calendar year.

"Joining the London Stock Exchange and raising £15m for the company will remove the constraints to enable expansion of our proven model and deliver significant organic growth in the future. “There is an ever-increasing UK credit hire and legal claims market opportunity and our focus on impecunious claimants has allowed us to create a business that we believe will scale quickly and generate near-term returns for our new shareholders.”