iA Financial Corporation Inc. Acquires RF Capital Group Inc. (Richardson Wealth)
November 3, 2025
iA Financial Corporation Inc. has completed the acquisition of RF Capital Group Inc., the operator of the Richardson Wealth brand, via a court-approved plan of arrangement. The deal, in which a wholly-owned subsidiary of iA purchased all issued and outstanding RF Capital shares for C$20.00 per common share (and C$25.00 per Series B preferred share), expands iA's wealth platform to more than $330 billion in combined AUM/AUA and over 500,000 clients.
- Buyers
- iA Financial Corporation Inc., Wholly-owned subsidiary of iA Financial Corporation Inc. (Purchaser)
- Targets
- RF Capital Group Inc. (Richardson Wealth)
- Sellers
- RF Capital Group Inc. shareholders
- Industry
- Financial Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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