By early December last year Fairstone had agreed its ninth deal of the year, incorporating Devon-based Sabre Financial via its acquisition model.
At that time, the wealth manager had added more than £1.3bn to its funds under management.
Hartley added: “We are always looking for strong, high quality businesses with ambitious development plans to join Fairstone.
“The strength of our DBO programme is demonstrated in the fact that all the firms we have gone on to acquire have received at least 100 per cent of their premium sale value and many achieving much more, consolidating our position as a secure, stable and proven acquirer within the sector.”
Earlier this month, FTAdviser caught up with Hartley where he revealed the firm was eyeing deals of a larger nature and was in talks with three firms in the discretionary funds management space.
sonia.rach@ft.com
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