On June 23, 2026, Harbourfront Wealth Group announced its agreement to receive an investment from Berkshire Partners.
Harbourfront Wealth Group (“Harbourfront”) announced on June 23, 2026, its definitive agreement to receive an investment from Berkshire Partners (“Berkshire”). Under the terms of the transaction, Harbourfront’s existing capital partner, Audax Private Equity, will maintain its interest in Harbourfront. The transaction is valued at $1.775 billion CAD and is expected to close in the second half of 2026. Further terms of the transaction were not disclosed.
Berkshire, based in Boston, Massachusetts, is a registered investment advisor and investor in public and private equity, with a focus on US-based middle-market companies. As of March 27, 2026, Berkshire had $29 billion in assets under management. BMO Capital Markets and Goldman Sachs & Co. served as advisors to Berkshire on the transaction.
Harbourfront, based in Vancouver, British Columbia, Canada, is a wealth advisory and investment management group, including a U.S. SEC registered investment advisor, that offers wealth management services. Harbourfront has approximately $22 billion CAD in assets under advisement. Ardea Partners served as lead advisor to Harbourfront on the transaction, while Piper Sandler served as co-advisor. CIBC Capital Markets acted as financial advisor to the board of directors.
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