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New Deal


Announced

Completed

EQB completed the acquisition of a 75% stake in ACM Advisors.

Financials

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Transaction Value-
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Canada

alternative asset manager

Domestic

Majority

Private

Completed

Acquisition

Friendly

Single Bidder

Synopsis

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EQB, a bank holding company, completed the acquisition of a 75% stake in ACM Advisors, an institutional alternative asset manager. Financial terms were not disclosed. "By closing this transaction, ACM and EQB begin a new chapter of value creation for our investors that will see our two organizations collaborate with a view to long-term growth and competitive advantage. In ACM, we gain a trusted name that pioneered a specialized area of wealth and asset management for institutional and accredited retail investors. We couldn't be more excited about this partnership thanks to the ACM team's superior talent, proven track record and promising scale," Andrew Moor, EQB President and CEO.

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