Duo Bank of Canada to Acquire Fairstone Financial Holdings

TA Associates Invests in Fairstone Group with Synova Reinvesting

February 25, 2021

Wealth Management

TA Associates has taken a significant stake in UK wealth manager Fairstone Group, with existing backer Synova reinvesting and Alcentra increasing acquisition financing. The capital injection strengthens Fairstone's balance sheet to accelerate its acquisition-led growth strategy while the senior management team recommitted to the business for the long term.

Fairstone Group Acquires Chiltern House

August 6, 2020

Financial Services

Fairstone Group, a North East-based full-service wealth management house, has acquired Bracknell-based IFA firm Chiltern House under its Downstream Buy Out (DBO) programme. The deal adds about 500 clients, four advisers and seven support staff to Fairstone, securing gross fee income of £2.6 million and nearly £400 million in funds under management.

Princeton Bancorp Acquires Cornerstone Financial Corporation

January 18, 2024

Financial Services

Princeton Bancorp, Inc., the parent of The Bank of Princeton, agreed to acquire Cornerstone Financial Corporation, the holding company of Cornerstone Bank, in a stock-and-cash merger valued at approximately $17.9 million. The deal, approved by both boards, will add Cornerstone’s ~ $321 million in assets and six branch locations to Princeton’s footprint in southern New Jersey and is expected to close in mid-2024 pending regulatory and shareholder approvals.

Capstone Holding Corp. Acquires Canadian Stone Industries

December 1, 2025

Building Products

Capstone Holding Corp. (NASDAQ:CAPS) has closed the acquisition of Canadian Stone Industries (CSI), a multi-location distributor that adds approximately $15 million of annual revenue. The deal expands Capstone’s North American footprint, strengthens its premium brand portfolio, and is expected to be immediately accretive to revenue and EBITDA.

Fiserv Acquires StoneCastle Cash Management

December 17, 2025

Financial Services

Fiserv has completed its acquisition of StoneCastle Cash Management, integrating StoneCastle's institutional deposit network and cash management capabilities into Fiserv's payments, core processing and digital banking ecosystem. The deal extends Fiserv's insured deposit and liquidity solutions for financial institutions and merchants and links StoneCastle's capabilities to Fiserv's FIUSD stablecoin and broader cash-management product set; financial terms were not disclosed.

Clayton, Dubilier & Rice Acquires Focus Financial Partners

February 27, 2023

Wealth Management

Clayton, Dubilier & Rice (CD&R), with continued investment from Stone Point Capital, agreed to acquire Focus Financial Partners in an all-cash transaction valuing the company at an enterprise value in excess of $7 billion. Focus stockholders will receive $53 per share; Stone Point will retain a portion of its investment and provide new equity financing to support Focus as a private company, which the buyers say will provide greater financial and operating flexibility to grow the partner-firm network.