Empresaria Group plc (AIM:EMR) acquired additional 14.2% stake in ConSol Partners Limited from Graeme Hubert and Marc Cohen for £1.4 million on May 26, 2020. Out of total consideration £0.8 million will be paid immediately and the balance to be paid in April 2021. Post completion, Empresaria Group will hold total of 96.7% stake in ConSol Partners. Graeme Hubert and Marc Cohen's shareholding in ConSol Partners reduced to nil. The Group has received credit approval to activate the remaining £1 million of its accordion facility which is reserved for share acquisitions and could not be drawn for working capital. As a result, this investment does not reduce available cash headroom in 2020. Transaction is expected to be earnings accretive in the current year. Shaun Dobson and James Moat of Nplus1 Singer Advisory LLP acted as Nominated Adviser and Broker to Empresaria Group plc. Empresaria Group plc (AIM:EMR) completed the acquisition of additional 14.2% stake in ConSol Partners Limited from Graeme Hubert and Marc Cohen on May 26, 2020.