25 Aug 2002

Marketing group Greenoak attract £550k development capital.

Greenoak provides marketing as well as business and technical development services to a UK wide network of independently owned IFA firms brought together under one new national brand. Marketing and corporate branding, compliance and IT will form the core service offering.

The funds raised will allow Greenoak to invest in infrastructure and to develop a national marketing campaign, targeting existing IFA practices to join it's ranks. Greenoak offers equity participation and quality assured services hitherto unavailable to its members.

Greenoak will be seeking an Exchange Listing at the earliest opportunity.