EQB Acquires ACM Advisors


On October 3, 2023, EQB Inc. announced the acquisition of a majority stake in ACM Advisors Ltd.

Under the terms of the transaction, EQB Inc. (“EQB”) has acquired a 75% interest in ACM Advisors Ltd. (“ACM”) for a mixture of cash and EQB shares in a transaction expected to close by the end of 2023. Further terms of the deal were not disclosed.

EQB (TSX: EQB), based in Toronto, is a Canadian bank specializing in non-prime mortgages, equipment leasing, and commercial loans. As of June 30, 2023, EQB has approximately $108 billion in combined assets under management and administration.

ACM, based in Vancouver, Canada, is an independent asset manager specializing in the structuring and management of pooled commercial mortgage funds. ACM manages $4.8 billion in client assets across its funds.

To read the press release: please click here.


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