Olympia Financial Group Inc. to Acquire Investment Accounts from Canadian Western Trust Company
Acquiring Company
Olympia Financial Group
Acquired Company
Canadian Western Trust Company
Description
Olympia Financial Group Inc. (TSX: OLY) has announced the acquisition of approximately 3,400 self-directed non-registered and registered plan investment accounts from Canadian Western Trust Company for $1.7 million in cash. The transaction is anticipated to be completed on January 1, 2025.
Quick answer
Olympia Financial Group is acquiring Canadian Western Trust Company, announced December 2, 2024.
- How much did Olympia Financial Group pay for Canadian Western Trust Company?
- The deal value was not disclosed.
- What does Olympia Financial Group do?
- Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company.
- Where are Olympia Financial Group and Canadian Western Trust Company based?
- Canadian Western Trust Company is based in Canada.
Source: Fundz verified event record.
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Who to call at Olympia Financial Group, and when
When Olympia Financial Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
- Who you already know at Olympia Financial Group, from your own LinkedIn network
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Frequently asked
Who acquired Canadian Western Trust Company?
Canadian Western Trust Company was acquired by Olympia Financial Group. The deal was reported on December 3, 2024. Olympia conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Financial Group is privately held.
When did Olympia Financial Group acquire Canadian Western Trust Company?
Olympia Financial Group's acquisition of Canadian Western Trust Company was reported on December 3, 2024. Olympia Financial Group Inc. (TSX: OLY) has announced the acquisition of approximately 3,400 self-directed non-registered and registered plan investment accounts from Canadian Western Trust Company for $1.7 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Canadian Western Trust Company do?
Canadian Western Trust Company is a financial institution currently administering approximately 3,400 self-directed non-registered and registered plan investment accounts. These accounts will be purchased by Olympia Trust in the acquisition transaction. It is privately held, operating in Financial Services, and is based in Canada.
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