Mergers & Acquisitions

No sale for Richardson GMP: GMP Capital

Richardson GMP, which calls itself the “only viable alternative to bank-owned dealers,” will remain independent. In a statement released Thursday night, GMP Capital said “that in response to ongoing speculation regarding GMP’s equity holding in Richardson GMP Limited, and in the wake of a consideration of options available, GMP confirms that it will be retaining […]

By Staff |November 11, 2016

4 min read

Fiera Capital acquires Centria Commerce

Fiera Capital Corporation has acquired Centria Commerce Inc. from DJM Capital Inc. Centria is a Quebec-based private investment manager that establishes and manages funds providing construction financing, real estate investment and short-term business financing. Fiera Capital will integrate Centria as its own private lending platform, allowing Fiera to offer its own diversified investment solutions directly […]

By Staff |November 10, 2016

1 min read

Richardson GMP has “host of options” for potential sale

CEO Harris Fricker says, “We have a host of options, luckily, that are all pretty darn attractive.”

By Jessica Bruno |November 2, 2016

3 min read

TD teams up in bid for discount brokerage Scottrade

Discount broker TD Ameritrade Inc. has teamed up with major shareholder Toronto-Dominion Bank to make a joint bid for competitor Scottrade Financial Services Inc., reports The Globe and Mail. Privately owned Scottrade is one of the five largest discount brokers in the U.S., and is about half the size of TD Ameritrade. The sale is […]

By Staff |October 20, 2016

1 min read