Advice firms acquired by Fairstone net average 116% earn-out price

Downstream buy-out programme

clock • 2 min read
Advice firms acquired by Fairstone net average 116% earn-out price
Image:

Advice firms acquired by Fairstone net average 116% earn-out price

Advice businesses bought out by Fairstone attain an average 116% of their original sale value with 25% of the acquisitions receiving more than 20% above their target earn-out value, according to data from the firm.

The consolidator and Chartered financial planning operation said its downstream buy out (DBO) programme resulted in all its acquisitions either meeting or exceeding their target sale values. It ...

To continue reading this article...

Join Professional Adviser

 

  • 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

Scottish Widows names Scott Wheway as chair

Scottish Widows names Scott Wheway as chair

Effective 12 September

Hemma Visavadia
clock 30 June 2022 • 1 min read
Evelyn Partners in tie-up with US accountancy firm

Evelyn Partners in tie-up with US accountancy firm

‘Next generation of growth’

clock 30 June 2022 • 2 min read
AFM Wealth secures £5.3m acquisition war chest

AFM Wealth secures £5.3m acquisition war chest

'Financial firepower'

Jenna Brown
clock 28 June 2022 • 2 min read