TA Associates Invests in Fairstone Group with Synova Reinvesting
February 25, 2021
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.
- Buyers
- TA Associates, Synova
- Targets
- Fairstone Group
- Industry
- Wealth Management
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
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