Hasgrove reveals AIM ambitions

Manchester-based marcoms group Hasgrove is considering an AIM-listing so it can acquire more agencies.

Hasgrove, which was formed in 2004, is speaking to financial PR companies about possible representation in the event of a listing.

‘We are acquisitive and we need to get money from somewhere, so it [an IPO] is an option,' said chief executive Rod Hyde.

Hasgrove currently owns Brussels-based PA shop Interel, and two Mancunian firms - integrated marketing agency Connectpoint and design agency The Chase.

Hasgrove deputy chair Rob McLoughlin has extensive experience in the PA arena, where Hasgrove is expected to make its next buy.

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