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Focus Financial IPO pays off for KKR and Stone Point, after all, by hitting price mark, plus an investor 'pop.' Now, on to the less glamorous task of paying down debt

Roll-up's day-one shares opened at $35, traded briskly and closed with a tidy 13.79% gain from the $33 base

Author Brooke Southall July 28, 2018 at 2:51 AM
2 Comments
no description available
Rudy Adolf is now a public company CEO with a much-improved balance sheet and public currency to use for further deals.

Focus Financial Partners

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KKR

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Stone Point


Jeff Spears

Jeff Spears

July 28, 2018 — 4:03 PM
The next hires are very important. Not new Advisory Teams but new Focus professionals who can help their partner firms with organic growth. Focus has the inorganic growth pitch down.
David

David

July 29, 2018 — 11:25 PM
Looks like quite the bang up job next to Hightower at $1.68, partner

Related Moves

February 6, 2021 at 2:39 AM


Mentioned in this article:

Focus Financial Partners, LLC
Consolidator/Roll-up Firm
Top Executive: Rudy Adolf



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