Guardian Capital Group Limited (Guardian), a prominent global investment management company, has finalized its acquisition of Galibier Capital Management Ltd. (Galibier), a Toronto-based firm. This acquisition, originally announced on June 20, 2024, boosts Guardian’s assets under management by C$1 billion and enhances their pool of experienced investment professionals. Guardian’s President and CEO, George Mavroudis, and Galibier’s founder, Joe Sirdevan, emphasize the cultural alignment and mutual strategic benefits of the merger. While Galibier will retain its brand and management team, it will benefit from Guardian’s extensive resources to continue implementing its investment strategies. Guardian recently increased the assets under its management with a significant acquisition of Sterling Capital Management, LLC, adding C$104 billion in client assets. The company, listed on the Toronto Stock Exchange, prides itself on its core values of authenticity, integrity, stability, and trustworthiness. This acquisition aligns with Guardian’s long-standing strategy of growth through building long-term, value-driven relationships.
Investment Management, Mergers and Acquisitions,Canada, United States
https://www.globenewswire.com/news-release/2024/09/03/2940139/0/en/Guardian-Capital-Group-Limited-completes-its-acquisition-of-Galibier-Capital-Management-Ltd.html