Guardian Capital Group Limited has announced its agreement to acquire Galibier Capital Management Ltd., a Toronto-based investment management firm. This acquisition, expected to close in summer 2024 pending regulatory approval, will significantly expand Guardian’s assets under management by over CAD 1 billion. Post-acquisition, Galibier’s current management team will remain in place, continuing their investment strategies. Guardian’s CEO, George Mavroudis, emphasized the strategic fit and shared values between the two firms, foreseeing growth and enhanced capabilities in public equity markets. Legal representation was provided by Borden Ladner Gervais LLP for Guardian and by Gardiner Roberts LLP for Galibier.

Investment Management, Financial Services,Canada

https://www.globenewswire.com/news-release/2024/06/20/2901579/0/en/Guardian-Capital-Group-Limited-to-Acquire-Galibier-Capital-Management-Ltd.html