Commercial intermediary Jelf Group is to float on AIM.
The West Country and Wales based company is seeking to raise £2.1m net of expenses. It intends to use the proceeds to acquire healthcare and insurance intermediaries, and to fund organic growth.
Jelf Group founder and chairman Chris Jelf said: “The UK market place for retail financial and insurance broking is undergoing significant changes. Our focus is on being a leading provider of services to the corporate market and our infrastructure, experienced team and track record leave us well positioned to act as a consolidator in the market, delivering increased value to all our stakeholders
