6 publicly disclosed transactions where CI Financial played an advisory, financing or investing role, most recent first.
Jan 13, 2026
Management agreements for Invesco Canada's mutual funds and ETFs (about C$27 billion AUM)
Acquirer · Asset management
Buyer CI Global Asset Management · Seller Invesco Ltd.
CI GAM became manager of 98 Invesco Canada funds, lifting its AUM to about C$175 billion; Invesco affiliates continue to sub-advise 61 funds (about C$13 billion). Jefferies advised CI GAM; price not disclosed.
Nov 25, 2024
CI Financial Corp.
Target · Asset and wealth management
Buyer Mubadala Capital · Seller CI Financial public shareholders
Mubadala Capital acquired all CI shares for C$32.00 cash each (other than rollover shares) by plan of arrangement, valuing equity at about C$4.7 billion and enterprise value at about C$12.1 billion (value shown). CI kept its Toronto headquarters, brands and management, and was delisted from the TSX. Announced November 25, 2024 at a 33% premium to the prior close.
Mar 31, 2022
Former Eaton Vance Investment Counsel division
Acquirer · Wealth Management
Buyer CI Financial Corp.
CI Financial agreed to acquire the former Eaton Vance Investment Counsel wealth management division, expanding its US wealth business in Boston.
Jan 11, 2022
Northwood Family Office Ltd.
Acquirer · Wealth Management
Buyer CI Financial Corp.
CI Financial agreed to acquire Northwood, a Toronto multi-family office managing about $2.2 billion of investment assets.
Aug 4, 2020
Balasa Dinverno Foltz LLC (BDF)
Acquirer · Wealth Management
Buyer CI Financial Corp.
CI Financial agreed to acquire full ownership of BDF, a Chicago-area registered investment advisor with US$4.5 billion in assets; terms were not disclosed.
Sep 8, 2017
BBS Securities Inc.
Acquirer · Financial Services (Brokerage Technology)
Buyer CI Financial Corp.
CI Financial agreed to acquire BBS Securities, a brokerage and financial technology services provider.
