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Announced

ATB Financial to acquire BCV Asset Management.

Synopsis

ATB Financial, a financial institution, agreed to acquire BCV Asset Management, a Manitoba-based portfolio management firm. Financial terms were not disclosed. "ATB Financial has been pursuing new opportunities to partner with leading firms that will create long-term value for our clients. We're excited to come together with BCV, a profitable, dynamic and growing portfolio management firm that shares the same values that ATB Financial does about our clients and our teams. ATB is impressed with how BCV delivers value for clients, how efficiently they operate and the way BCV drives growth. Coming together is an opportunity to leverage the collective experience and expertise for the benefit of our clients," Curtis Stange, ATB Financial President & CEO.

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