Fairstone receives £25m private equity investment to drive growth

Will accelerate growth strategy

Carmen Reichman
clock • 1 min read

IFA consolidator Fairstone has received £25m in backing from private equity investor Synova Capital.

The deal will see a number of early stage backers exit the firm as Synova takes the biggest shareholding in the company, alongside Northstar Ventures and Committed Capital. Fairstone said it wants to use the funds to complete more and larger buy-out deals over the short to medium term. The capital will allow it to accelerate its acquisition strategy to beat previously set targets, chief executive Lee Hartley (pictured) said. Fairstone currently has 260 financial advisers throughout the UK servicing 25,000 private clients with £5.8bn of assets. In January, it bought IFA business ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Intelliflo acquires Mabel Insights

Intelliflo acquires Mabel Insights

Acquisition completed on 30 September

Sophia Panayi
clock 12 October 2026 • 2 min read
SJP adviser departure sparks dispute over who owns client relationships

SJP adviser departure sparks dispute over who owns client relationships

Rob Stroud left SJP for True Potential after 18 years

Isabel Baxter
clock 08 October 2026 • 4 min read
Aberdeen sells half of stake in Standard Life for £436m

Aberdeen sells half of stake in Standard Life for £436m

Retains 5.2% holding

clock 08 October 2026 • 1 min read