HML Holdings plc announced the acquisition of Francis Butson & Associates ("FBA"), a property management business located in St. Neots Cambridgeshire, on 5 April 2019. HML PM Limited, the property management subsidiary of HML has purchased the business and assets of FBA for £570,000 cash consideration, satisfied from HML's existing facilities. The transaction includes additional performance related retention payments of up to £125,000 which will be subject to the achievement of certain criteria and will be payable 12 months and 24 months from the acquisition date.