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Amber River acquired by PE firm Stone Point Capital
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investment-international.comAmber River acquired by PE firm Stone Point Capital
UK financial advice consolidator Amber River has been bought by private equity firm Stone Point Capital, it announced today. The firms did not confirm a sale price, but Amber River has £13.6bn of assets under management and over 330 financial advisers. Citywire previously reported the deal was worth around £900m. The transaction is expected to close this summer. Former private equity owner Penta Capital will retain a stake in the business. Amber…
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