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New Deal


Announced

ADQ and BMO to acquire a minority stake in Sagard.

Financials

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

Tags

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Private Equity

private equity

Acquisition

Cross Border

Minority

Private

Private Equity

Pending

Friendly

Single Bidder

United States

Synopsis

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ADQ, an Abu Dhabi-based investment and holding company, and BMO, a Canadian multinational investment bank, agreed to acquire a minority stake in Sagard, a global multi-strategy alternative asset management firm. Financial terms were not disclosed. "We are thrilled to welcome ADQ and BMO as strategic partners and to strengthen our relationship further with GWL. These strategic partnerships will significantly accelerate our vision of becoming one of the most respected alternative investment management firms globally," Paul Desmarais III, Sagard Chairman and CEO.

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