Sale of The Blueshirt Group and BCA

Next 15 (AIM:NFG), the tech and data driven growth consultancy, today announces that it has agreed to the sale of its majority-owned US-based capital markets advisory businesses, The Blueshirt Group LLC ("The Blueshirt Group") and Blueshirt Capital Advisors LLC ("BCA"), to the founders and senior management teams of those businesses ("the Transaction").

Next 15 will retain a minority stake in both businesses and, as part of the Transaction, has been granted put options, enabling it to sell its residual interest to Blueshirt management in due course.

This transaction aligns with Next 15's ongoing strategy to prioritise areas where it can leverage its capabilities to drive long-term value creation. It also reflects ongoing efforts to simplify its portfolio and allocate capital towards its core growth segments.

Sam Knights, CEO of Next 15, commented: "The divestment of The Blueshirt Group and BCA demonstrate our disciplined approach to portfolio management. We continue to focus the Group on the businesses that best fit within a portfolio geared towards technology, data and activation. We believe this is a positive outcome for all parties. It enables Blueshirt to maintain its founder-led approach and reflects the progress we are making in executing our strategy to build a simpler, more focused Next 15."