Audax Private Equity Invests in The Harbourfront Group
June 14, 2022
Audax Private Equity completed a strategic growth investment in The Harbourfront Group, valuing the Vancouver-based wealth management platform at an enterprise value of CAD $425 million. The minority investment will provide liquidity to Harbourfront’s shareholders (including its team of investment advisors) and support the company’s organic growth and buy‑and‑build acquisition strategy across Canada.
- Buyers
- Audax Private Equity
- Targets
- The Harbourfront Group
- Sellers
- Harbourfront's shareholders (including its team of Investment Advisors)
- Industry
- Wealth Management
- Location
- British Columbia, Canada
- Transaction Type
- Growth capital
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