Mergers predicted

There will be increased consolidation within the VCT sector over the next three years, according to Nobel Group. Citing current critical mass for successful VCTs at between £30-60m, and with 40 UK VCTs recording a market value of under £10m, Nobel expects to see increased consolidation in the VCT industry. Already Chrysalis VCT has consolidated its assets and Quester has announced the merger of three of its five VCTs. Expected to complete at the end of this month, the combined Quester VCT's net assets will be £50m.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland