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Brookfield Asset Management to acquire Reliance Worldwide

PUBLIC · BAMOct 06, 2026

Acquiring Company

Brookfield Asset Management

Acquired Company

Reliance Worldwide

New YorkMelbourneEnergyFinancial ServicesReal EstateFinanceFintechManufacturing

Description

Brookfield Asset Management has entered into an agreement to acquire Reliance Worldwide, expanding its portfolio into manufacturing plumbing and heating solutions. This acquisition is a strategic initiative to diversify beyond traditional asset management services. Brookfield's management believes this move will provide stable cash flow and enhance their operational footprint. The acquisition is part of Brookfield's broader plan to grow through both organic and inorganic opportunities.

Company Information

Company

Brookfield Asset Management

Location

New York, New York, United States

About

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with $850 billion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at https://bam.brookfield.com or contact:

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Frequently asked

Who acquired Reliance Worldwide?

Reliance Worldwide was acquired by Brookfield Asset Management, based in New York. The deal was reported on October 6, 2026. Brookfield Asset Management Ltd. Brookfield Asset Management is publicly traded (BAM) and operates in Energy.

When did Brookfield Asset Management acquire Reliance Worldwide?

Brookfield Asset Management's acquisition of Reliance Worldwide was reported on October 6, 2026. Brookfield Asset Management has entered into an agreement to acquire Reliance Worldwide, expanding its portfolio into manufacturing plumbing and heating solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Reliance Worldwide do?

Reliance Worldwide is a global manufacturer specializing in plumbing and heating solutions. The company offers a wide range of products for residential and commercial applications and operates across various international markets. It is privately held, operating in Manufacturing, and is based in Melbourne.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.