Solomon Hare advises Prism on franchise expansion

The Bristol headquarters of chartered accountants Solomon Hare acted as lead advisers to Prism Rail plc in its acquisition of two more franchises.

Tuesday’s acquisition of South Wales & West and Cardiff Railway lines makes Prism the only company in the UK to hold three franchises. KPMG corporate finance in Bristol acted as advisers to OPRAF on the sell-off of the lines which have a combined annual passenger revenue of # 45m.

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