Aimia Inc. Acquires Mittleman Brothers LLC

Air Canada Acquires Aimia Canada (Aeroplan)

January 10, 2019

Data & Analytics

Air Canada completed the purchase of Aimia Canada Inc., the owner and operator of the Aeroplan loyalty program, from Aimia Inc. The transaction closed for approximately $497 million in gross proceeds, with roughly half of Aimia’s 1,500 global employees (about 750 people) transitioning to Air Canada; proceeds were used to repay Aimia debt and place certain funds in a restricted account.

MetLife Investment Management Acquires Affirmative Investment Management

August 29, 2022

Financial Services

MetLife Investment Management (MIM), the institutional asset management arm of MetLife, agreed to acquire Affirmative Investment Management (AIM), a specialist ESG impact fixed‑income manager with approximately $1.01 billion in AUM as of June 30, 2022. The deal expands MIM’s sustainable-investing capabilities and reporting/engagement expertise for institutional clients; the transaction closed in December 2022 after customary conditions and approvals.

World Insurance Associates Acquires Affiliated Insurance Managers

April 1, 2024

Insurance

World Insurance Associates LLC acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island on April 1, 2024. The acquisition expands World’s regional footprint in Southern New England and brings AIM’s commercial and personal lines book and client relationships into World’s national brokerage platform; terms were not disclosed.

Investcorp Acquires Majority Interest in CM Investment Partners

June 30, 2019

Financial Services

Investcorp Credit Management US LLC agreed to acquire a majority ownership interest in CM Investment Partners LLC (CMIP) from funds managed by Cyrus Capital Partners and Stifel Venture Corp, with CMIP co‑CIOs Michael Mauer and Christopher Jansen retaining a minority stake. Simultaneously, Investcorp BDC Holdings Limited entered a stock purchase agreement to acquire up to 10% of CM Finance Inc. over a two‑year period; the transaction was expected to close in Q3 2019 subject to customary regulatory approvals.

MCS Acquires Five Brothers Asset Management Solutions

March 13, 2024

Real Estate

MCS has acquired Five Brothers Asset Management Solutions, integrating the family-owned property preservation firm into its national property services platform. The transaction combines complementary preservation, maintenance and technology capabilities to expand MCS’s service offering and geographic reach across mortgage servicers, single-family rental owners and reverse mortgage clients.

Better Choice Company Acquires Aimia Pet Healthco

February 9, 2024

Veterinary

Better Choice Company (NYSE: BTTR) has acquired all issued and outstanding common shares of Aimia Pet Healthco Inc. The acquisition gives Better Choice in-house control of Aimia's GLP-1 related R&D and enables the company to manage clinical trials and develop weight-loss supplements/treatments for pets under its Halo brand.