Out & about: 15 May 2025

MHA lists on AIM

MHA has listed on AIM with a £271m valuation the largest AIM initial public offering (IPO) in the business support services sector over the past five years.

The flotation is a result of the unanimous decision by the MHA board and endorsed by the partners to pursue an IPO as the ‘most attractive sustainable route for the long-term benefit’ of its people and clients.

Rakesh Shaunak chief executive officer of MHA said: ‘With the amount of capital raised MHA can make investments in technology in particular artificial intelligence as well as fund further acquisitions to become an even more attractive proposition to new recruits at both a senior and entry level. Control of our strategic destiny will very much remain in the hands of our board and our partners.

‘Going down the IPO route will also give our people...