Consolidator Fairstone has surpassed £20bn in assets under management (AUM) as it looks to hit £40bn by the end of 2030.
The firm announced internally in October that it has launched its updated strategy to "adapt to market opportunities" and is also refining its acquisition model to accelerate the journey towards £40bn AUM by the end of 2030. The consolidator said a "key pillar" of its 2030 strategy is evolving its Downstream Buy Out (DBO) model into a form that now has multiple valuation elements. "These enhanced economics are a response to changing market conditions and are specifically targeted at high growth firms that are looking for greater overall sale value," Fairstone said. Attracting ‘the ...
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