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One of Britain‘s biggest accountancy firms is considering a £300 million-plus flotation in a potential boost to London’s under-pressure stock market, the Times said on Wednesday. MHA, the UK arm of Baker Tilly International, is understood to have hired advisers at investment bank Cavendish to look at a possible listing on the junior AIM market, the Times said. A transaction could raise as much as £125 million, including between £30 million and £50 million of new money, City sources told the Times. A valuation of more than £300 million is being targeted. A spokesman for the accountancy firm said: ‘Like any well-run professional services firm, the leadership of MHA is continually evaluating strategic options for the future of our business, whether it be maintaining the status quo, taking private equity investment or exploring the possibility of a public market listing.’ MHA is the country’s 13th largest accounting business and generated annual revenues of £180 million in the year to last March. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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