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The owner of the Transact IFA platform looks like a candidate for the FTSE 250 in the near future
Thursday 01 Mar 2018 Author: Daniel Coatsworth

The owner of the Transact IFA technology platform has confirmed the price of its IPO (initial public offering) at 196p. IntegraFin’s stock marketing listing on 2 March will value the business at £649.4m.

Transact currently serves more than 150,000 clients on behalf of over 5,100 financial advisers. It has approximately £29.7bn of funds under direction, as at the end of 2017.

IntegraFin looks likely to qualify for the FTSE 250 index later this year. (DC)

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