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New Deal


Announced

Focus Financial Partners to acquire GAVIN Hockey Wealth Specialists.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

wealth management

Cross Border

Acquisition

Pending

Private

Majority

Asset Managers and Custodians

Friendly

Single Bidder

Synopsis

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Focus Financial Partners, a partnership of independent, fiduciary wealth management firms, agreed to acquire GAVIN Hockey Wealth Specialists, a registered portfolio manager and investment adviser based in Toronto. Financial terms were not disclosed. "Since our business was founded in 2003, we have been committed to growing and defending our clients' wealth, while expanding and strengthening our leadership in the hockey market. Becoming part of Connectus allows us to advance these goals and to focus even more deeply on our clients, while maintaining our highly customized and specialized service model," Stew Gavin, GAVIN President and Co-Founder.

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