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Canaccord Genuity to acquire EFG Harris Allday

RECENTLY ACQUIREDAug 18, 2026about 12 hours ago

Acquiring Company

Canaccord Genuity Group

Acquired Company

EFG Harris Allday

Old TorontoBirminghamFinancial ServicesFinanceBankingFinancial ServicesFinanceBanking

Description

Canaccord Genuity Group Inc. has announced its agreement to acquire the front office teams and client assets of EFG Harris Allday. This acquisition aims to enhance Canaccord Wealth's position as a leading integrated wealth manager in the UK. The transaction is expected to complete in the second half of 2026, pending customary conditions.

Company Information

Company

Canaccord Genuity Group

Location

Old Toronto, Ontario, Canada

About

Canaccord Genuity Group Inc. is a leading independent, full-service financial services firm with operations in wealth management and capital markets. Established in 1950, the company is committed to building lasting client relationships by providing comprehensive investment solutions, brokerage services, and investment banking services. The company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man, and Australia.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired EFG Harris Allday?

EFG Harris Allday was acquired by Canaccord Genuity Group, based in Old Toronto. The deal was reported on August 18, 2026. Canaccord Genuity Group Inc. is a leading independent, full-service financial services firm with operations in wealth management and capital markets. Canaccord Genuity Group is privately held and operates in Financial Services.

When did Canaccord Genuity Group acquire EFG Harris Allday?

Canaccord Genuity Group's acquisition of EFG Harris Allday was reported on August 18, 2026. Canaccord Genuity Group Inc. has announced its agreement to acquire the front office teams and client assets of EFG Harris Allday. This acquisition aims to enhance Canaccord Wealth's position as a leading integrated wealth manager in the UK. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does EFG Harris Allday do?

EFG Harris Allday, part of EFG Private Bank Limited, provides tailored investment solutions for clients, families, trusts, and charities, with stockbroking origins tracing back to 1834. It is privately held, operating in Financial Services, and is based in Birmingham.

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