Fiera Capital to Acquire Charlemagne Capital

October 20, 2016

On September 30, 2016, Fiera Capital Corporation announced an agreement to acquire Charlemagne Capital Limited.

The transaction is valued at approximately £40.7 million. If completed, Charlemagne Capital Limited (“Charlemagne Capital”) shareholders will receive 11 pence per share and a special dividend of 3 pence per share. The transaction is subject to various conditions, including regulatory approval.

Fiera Capital Corporation (“Fiera Capital”), which is Montreal-based, is a full service, multi-product investment advisory firm with offices throughout North America and distribution channels in South Africa, Japan, Australia, the U.K. and Europe. As of June 2016, Fiera Capital has over C$109 billion assets under management.

Charlemagne Capital is a London-based investment manager specializing in emerging equity markets. At August 31, 2016, Charlemagne Capital had over US$2.2 billion assets under management.

To read the press release: please click here.


Investment Manager M&A, Transactions