Empresaria Group plc (AIM:EMR) acquired the remaining 20% stake in Monroe Consulting Philippines Inc from Monica Viladot Medina for £0.4 million on May 24, 2024. The consideration consists of £0.2 million in cash and £0.2 million in earn out payable on or within twelve months from completion. The transaction was financed from existing bank facilities. As of December 31, 2023, Monroe Consulting Philippines Inc reported a net assets of £0.6 million. Shaun Dobson and Alex Bond of Singer Capital Markets Advisory LLP acted as financial advisor to Empresaria Group plc.

Empresaria Group plc (AIM:EMR) completed the acquisition of remaining 20% stake in Monroe Consulting Philippines Inc from Monica Viladot Medina on May 24, 2024.