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Guardian Capital Group Limited completes acquisition of Galibier Capital Management Ltd. to expand investment management services

PRIVATESep 03, 2024

Acquiring Company

Guardian Capital Group Limited

Acquired Company

Galibier Capital Management Ltd

TorontoTorontoFinancial ServicesFinancial ServicesFinanceVenture CapitalAngel Investment

Description

Guardian Capital Group Limited (Guardian) completes its acquisition of Galibier Capital Management Ltd. (Galibier), a Toronto, Canada-based investment management firm. The addition of Galibier increases Guardian’s assets under management by approximately C$1 billion and adds a team of high-quality, experienced investment professionals focused on fundamental equity research and valuation.

Quick answer

Guardian Capital Group Limited is acquiring Galibier Capital Management Ltd, announced September 3, 2024. Guardian Capital Group Limited is based in Toronto, Ontario, Canada.

How much did Guardian Capital Group Limited pay for Galibier Capital Management Ltd?
The deal value was not disclosed.
What does Guardian Capital Group Limited do?
Guardian Capital Group Limited (Guardian) is a diversified, global financial services company operating in two main business segments: Investment Management and Wealth Management.
Where are Guardian Capital Group Limited and Galibier Capital Management Ltd based?
Guardian Capital Group Limited is based in Toronto, Ontario, Canada. Galibier Capital Management Ltd is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

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Company Information

Company

Guardian Capital Group Limited

Location

Toronto, Ontario, Canada

About

Guardian Capital Group Limited (Guardian) is a diversified, global financial services company operating in two main business segments: Investment Management and Wealth Management. As at June 30, 2022, Guardian had C$46.9 billion of assets under management and C$27.6 billion of assets under administration, while managing a proprietary investment portfolio with a fair market value of C$651 million. Through its subsidiaries, Guardian provides extensive investment management solutions to institutional and private wealth clients, while offering comprehensive wealth management services to financial advisors in its national mutual fund dealer, securities dealer and insurance distribution network. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of trustworthiness, integrity and stability have been key to its success over six decades. Its Common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively. To learn more about Guardian, visit www.guardiancapital.com.

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Frequently asked

Who acquired Galibier Capital Management Ltd?

Galibier Capital Management Ltd was acquired by Guardian Capital Group Limited, based in Toronto. The deal was reported on September 3, 2024. Guardian Capital Group Limited (Guardian) is a diversified, global financial services company operating in two main business segments: Investment Management and Wealth Management. Guardian Capital Group Limited is privately held and operates in Financial Services.

When did Guardian Capital Group Limited acquire Galibier Capital Management Ltd?

Guardian Capital Group Limited's acquisition of Galibier Capital Management Ltd was reported on September 3, 2024. Guardian Capital Group Limited (Guardian) completes its acquisition of Galibier Capital Management Ltd. (Galibier), a Toronto, Canada-based investment management firm. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Galibier Capital Management Ltd do?

Galibier Capital Management Ltd., founded in 2012, is a Toronto, Canada-based investment management firm. Galibier adds a team of high-quality, experienced investment professionals focused on fundamental equity research and valuation. It is privately held, operating in Financial Services, and is based in Toronto.

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