Announced

Sagard to acquire Lorne Park for CAD$126.8m.

Synopsis

Sagard Private Equity Canada, a Canadian private equity strategy, agreed to acquire Lorne Park Capital Partners, a boutique investment management and wealth advisory firm, for CAD$126.8m. “Sagard Private Equity Canada brings unique mid-market experience and exceptional resources, including an extensive network of business relationships, which will strengthen our ability to serve clients and support the accelerated growth of our team. With this partnership, Lorne Park is better positioned then ever to deliver exceptional service and innovative solutions to our clients in both Canada and the USA,” Robert Sewell, Lorne Park CEO.

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