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£1m: Dog-sitting acquisition
Small business franchise provider Franchise Brands (FRAN:AIM) is on the acquisition trail after sealing a £900,000 deal to buy dog-sitting business Barking Mad.
Franchise Brands raised £3.5m in an initial public offering in August to start a buy-and-build strategy in the sector.
Existing brands include Ovenclean, which licences operators to run oven cleaning businesses, and Chipsaway, which repairs car paintwork.