Fairstone Group Acquires Chiltern House

Duo Bank of Canada to Acquire Fairstone Financial Holdings

February 19, 2020

Financial Services

Duo Bank of Canada, supported by Stephen Smith, Centerbridge Partners and Ontario Teachers' Pension Plan, has agreed to acquire all outstanding shares of Fairstone Financial Holdings Inc. from an investor group led by J.C. Flowers and Värde Partners. Fairstone, headquartered in Montreal, is a leading Canadian non-bank lender serving near-prime borrowers with more than $3 billion in assets and roughly 1,400 employees; the transaction is expected to close in Q2 2020 subject to regulatory approvals.

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.

Cairngorm Capital Partners Acquires Grant & Stone

November 18, 2019

Building Products

Cairngorm Capital Partners has acquired Grant & Stone Limited, a High Wycombe–based independent builders' merchant, and its ecommerce subsidiary Trading Depot UK Limited from the founding shareholders. The private equity firm will support management with capital and strategic guidance to expand the business via new branches and add-on acquisitions across the Thames Valley.

SS&C Technologies Acquires Calastone from Carlyle

October 14, 2025

Financial Services

SS&C Technologies Holdings, Inc. has completed the acquisition of Calastone from global investment firm Carlyle for approximately £766 million (about US$1.03 billion). Calastone’s ~250 employees and global funds-network technology will join SS&C’s Global Investor & Distribution Solutions to strengthen SS&C’s fund operations, transfer agency and distribution capabilities; the deal was funded with cash and debt and is expected to be accretive within 12 months.

Wealth Enhancement Group Acquires Rock House Financial

July 11, 2024

Wealth Management

Wealth Enhancement Group has acquired Rock House Financial, an independent RIA based in Farmington, Utah that manages over $272 million in client assets. The deal gives Wealth Enhancement Group its first presence in Utah and expands its footprint across the Mountain West while Rock House Financial's advisors gain access to centralized services including IT, compliance, legal, security, and marketing.

Grant & Stone Acquires 3Counties Timber & Building Supplies

October 1, 2020

Building Products

Grant & Stone, a portfolio company of Cairngorm Capital Partners, has acquired 3Counties Timber & Building Supplies Ltd in a bolt-on transaction triggered by the seller's succession planning. The acquisition expands Grant & Stone's geographic footprint in the Thames Valley/Home Counties and strengthens its timber and building materials offering across Aylesbury and Hemel Hempstead.