Lords Group Trading plc (AIM:LORD) is looking for acquisition. Shanker Patel Chief Executive Officer said during the Full Year '23 Trading Update, "So we have laid that outline today. We have successfully executed 15 acquisitions in the last 5 years alone, delivering a 20% return on investment.

We've built this reputation as an acquirer of choice and to position us -- ourselves strongly in a highly fragmented, independent merchant market. Now that said, we maintain a prudent and consider approach through inorganic growth. And whilst a pipeline of acquisition opportunities remain live, in the current environment, the Group is committed to balance sheet discipline, which will remain in full year '24.

Right throughout from IPO, we've always maintained discipline, and we will continue to do so".