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

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.