Financials Acquisition Corp to float on Stock Exchange

The entrance to the London Stock Exchange

The special acquisitions company is looking to raise £150m to drive MGA and tech deals.

Financials Acquisition Corp has announced its intention to float on the London Stock Exchange to raise up to £150m.

Finsac is a special acquisition vehicle that will focus on snapping up a technology-enabled company or business operating principally in, or adjacent to, the insurance or broader financial services industry.

It has been formed to do this through an initial merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination.

Founded by

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