NAHL Group (NAH): Searches UK disposal
This situation live
NAH NAHL Group
27 Aug 2026 · Binding conditional agreement signed, awaiting CMA approval · +9% until the next step
While it is currently anticipated that the Transaction will complete no earlier than 1 October 2026, the long-stop date for the completion of the Transaction is 26 January 2027.
30 Sep 2026 · CMA cleared unconditionally; completion imminent · +13% until the next step
The Board has been informed that the UK Competition and Markets Authority has unconditionally cleared the sale of Searches UK and, as a result, the transaction is expected to complete imminently.
8 Oct 2026 · Completed 8 October 2026 · +5% since
it has completed the sale of its non-core, wholly-owned subsidiary, Searches UK Limited, to TM Group (UK) Limited for an enterprise value of £1,234,000 on a cash and debt-free basis.
Searches UK disposal
Completed 8 October 2026
Every step · 3
- 27 Aug 2026 Binding conditional agreement signed, awaiting CMA approval – While it is currently anticipated that the Transaction will complete no earlier than 1 October 2026, the long-stop date for the completion of the... ↗
- 30 Sep 2026 CMA cleared unconditionally; completion imminent – The Board has been informed that the UK Competition and Markets Authority has unconditionally cleared the sale of Searches UK and, as a result, the... ↗
- 8 Oct 2026 Completed 8 October 2026 – it has completed the sale of its non-core, wholly-owned subsidiary, Searches UK Limited, to TM Group (UK) Limited for an enterprise value of £1,234,000 on a... ↗
What is happening
NAHL Group: Searches UK disposal – Completed 8 October 2026. ['Completed 8 October 2026']
- In short
- Binding conditional sale of non-core Searches UK to TM Group was signed on 27 August 2026 and cleared unconditionally by the CMA. It has now completed on the terms previously disclosed, at £1.234m enterprise value. It is the first disposal from the strategic options review.
- Announced
- 27 Aug 2026 · Binding conditional agreement signed, awaiting CMA approval
- Latest
- 8 Oct 2026 · Completed 8 October 2026
- Price
- Enterprise value £1,234,000, cash and debt-free
- Buyer
- TM Group (UK) Limited
- Conditions
- CMA approval received, unconditional; completed on 8 October 2026 on previously disclosed terms
- Next milestone
- Completion expected in October 2026
- Business sold
- Searches UK Limited, non-core wholly-owned subsidiary
Briefing
NAHL Group in 4 minutes
NAHL is a UK consumer legal group. It markets injury claims to law firms through National Accident Helpline, runs its own law firm, National Accident Law, and owns Bush & Co, which supports people with catastrophic...
- Act 1Betting on its own law firm
- Act 2Google costs hit, 2024 write-down
- Act 3Repair in 2025
From the company's own announcements. Not investment advice.
Also at NAHL Group 4 open
Sale process / strategic reviewStrategic options for shareholder value – First disposal completed; review continues
OverhangLombard Odier Asset Management (Europe) Limited selling down – 19% → 9.29% in 9 notices
Upgrade / downgrade cycleLower FY26 Consumer Legal Services outlook – FY26 profit and cash now above market expectations
Turnaround plan with targetsBush & Co growth plan – Case management model being adapted
NAHL Group – company page →