
Lonsdale's P2 bolts on FS 101
Lonsdale-backed project and management consultancy company P2 Consulting has acquired anti-money laundering and financial management consultancy firm FS 101.
Lonsdale bought management consultancy P2 in January 2017 – the company generated £10m in revenues in 2016.
With the acquisition, P2 will bolster its presence in the financial and anti-cybercrime market, adding to its retail, engineering and telecommunications sector expertise.
The deal was financed from Lonsdale's first institutional fund, which reached its £110m hard-cap in April 2016 and targets UK and mainland Europe buyouts in a wide range of sectors.
Company
FS 101 is a financial consultancy firm that advises businesses in the UK on how to manage their financial security and regulatory strategies in order to navigate money laundering and financial crime issues. The firm is headquartered in London and was incorporated in 2015.
People
Lonsdale Capital Partners – James Knott (director).
P2 Consulting – Doug Elliott (CEO).
FS 101 – Phil Rolfe (founder).
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