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New Deal


Announced

Sterling Capital Brokers to merge with Adamek Financial.

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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Management Consulting

Acquisition

Merger

Private

Canada

Pending

Friendly

Domestic

Majority

management consulting

Single Bidder

Synopsis

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Sterling Capital Brokers, an independent benefit consulting firm, agreed to merge with Adamek Financial, a provider of management consulting services. Financial terms were not disclosed. "Sterling continues to lead with technology and innovation as we look to merge with Adamek Financial. Following our prior mergers with Luedey Consultants Inc in Atlantic Canada, and Riverview Insurance in Alberta, we are excited to expand our national presence with the addition of Mike and his team. The combination of the largest independent broker in Canada, with the leading broker in Victoria, is a great outcome for the two firms and their respective clients," David Haines, SCB Co-Founder.

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