Acquiring Company
Globalive-led group
Acquired Company
Wealth One
Description
Globalive Corp. has successfully acquired a 65% stake in Wealth One Bank of Canada for $58 million. This acquisition closes a chapter after a federal government order for the bank's founders to divest due to national-security concerns. The new ownership structure involves multiple investors pooling their capital into a special purpose vehicle.
Quick answer
Globalive-led group is acquiring Wealth One, announced July 7, 2025.
- How much did Globalive-led group pay for Wealth One?
- The deal value was not disclosed.
- What does Globalive-led group do?
- A consortium led by Globalive that focuses on various investments and acquisitions.
Source: Fundz verified event record.
Other recent acquisitions in Telecommunications and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Mechanics Bank acquires HomeStreet Bank branch (August 19, 2025)
- Pacific Premier acquires Columbia Banking (August 6, 2025)
- Republic Financial acquires 87% of Cayman National (August 1, 2025)
- Northwest Bancshares acquires Penns Woods Bancorp (July 28, 2025)
- Skyline Bankshares acquires Johnson County Bank (July 28, 2025)
- NBT Bancorp acquires Evans Bancorp Inc. (July 28, 2025)
Who to call at Globalive-led group, and when
When Globalive-led group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Globalive-led group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Globalive-led group, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Globalive-led group. With Fundz connected, it knows.
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Fundz sees it the moment Globalive-led group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Wealth One?
Wealth One was acquired by Globalive-led group. The deal was reported on July 7, 2025. A consortium led by Globalive that focuses on various investments and acquisitions. Their goal is to leverage ventures in technology and telecommunications. Globalive-led group is privately held and operates in Telecommunications.
When did Globalive-led group acquire Wealth One?
Globalive-led group's acquisition of Wealth One was reported on July 7, 2025. Globalive Corp. has successfully acquired a 65% stake in Wealth One Bank of Canada for $58 million. This acquisition closes a chapter after a federal government order for the bank's founders to divest due to national-security concerns. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wealth One do?
Wealth One is a financial services provider that aims to offer a variety of banking solutions. The company has worked towards providing tailored services to its clients, focusing on customer satisfaction and growth. It is privately held, operating in Finance.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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