Wealth Management Acquisitions in Canada

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All Wealth Management acquisitions All acquisitions in Canada
  • Guardian Capital Group Acquires Majority Stake in Rae & Lipskie Investment Counsel
    June 27, 2022
    Buyer
    Guardian Capital Group Limited
    Target
    Rae & Lipskie Investment Counsel Inc. (The RaeLipskie Partnership)
    Industry
    Wealth Management
    Location
    Ontario, Canada
    Type
    Buyout

    Guardian Capital Group Limited has agreed to acquire a 60% ownership interest in Rae & Lipskie Investment Counsel Inc. (The RaeLipskie Partnership), a private wealth manager based in Waterloo, Ontario. The deal is expected to close in Q3 2022 subject to regulatory approvals, with current employees retaining the remaining 40% stake.