City broker and mid-market investment bank Peel Hunt will be opening a new office on the continent after Brexit, expanding in the US, and making a significant technology push after raising £112m in a UK listing.

Peel Hunt returned to the public markets for the first time in two decades with an initial public offering on London's AIM segment that values the firm at £280m. The £40m taken in new capital will be used to fund its next stage of growth, with the broker capitalising on the boom in fundraising and deals in Europe with the listing.