Transaction · Payments · 2025

Caledonian Holdings / Aspire 2026

Caledonian Holdings PLC acquired Aspire on November 26, 2025.

Target
Aspire
Acquirer
Caledonian Holdings PLC
Announced
November 26, 2025
Sub-sector
Payments

Transaction overview

  • Caledonian Holdings PLC announced the acquisition of Aspire on November 26, 2025.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire 100% of payments infrastructure firm to strengthen portfolio of financial services and technology-enabled businesses.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
November 26, 2025
Acquirer
Caledonian Holdings PLC (Strategic)
Sub-sector
Payments
Acquirer ticker
AIM: CHP

About Caledonian Holdings PLC AIM: CHP

Caledonian Holdings PLC trades on AIM under the ticker CHP. The company describes itself as an investing company focused on the financial services market, targeting businesses across banking, payments, financial technology, and related sectors. Its annual report and accounts for the financial year ended 31 March 2025 were published on 30 September 2025.

Ticker
AIM: CHP

Frequently asked questions

What is Caledonian Holdings acquiring?

Caledonian Holdings is acquiring 100% of the issued share capital of Aspire, a financial services and payments infrastructure company. The deal was first announced on 26 November 2025.

When will shareholders vote on the Aspire acquisition?

The shareholder vote is scheduled for 11 May 2026 at the AGM held at Allenby Capital's offices in London. Results will be announced the same day.

What conditions must be met for the Aspire deal to close?

Shareholders must pass both Resolution 7 (approving the acquisition) and Resolution 13 (approving a revised investing policy that permits majority ownership). Both resolutions are required.

How much is Caledonian paying for Aspire?

The source materials do not disclose the consideration value or structure for the Aspire acquisition.

What is the proposed share consolidation at Caledonian Holdings?

Caledonian is proposing a 1-for-1000 consolidation, reducing approximately 130 billion existing ordinary shares to roughly 130 million new ordinary shares. The effective date is expected to be 12 May 2026.

Who are the advisers on the Caledonian Holdings AGM circular?

Allenby Capital Limited acted as Nominated Adviser and AlbR Capital Limited acted as Broker. Both are named in the announcement.

Sources

  • investegate.co.uk /announcement/rns/caledonian-holdings-plc--chp/agm-notice-share-consolidation-investing-policy/9527020