On July 28, 2025, iA Financial Corporation announced its agreement to acquire RF Capital Group.
iA Financial Corporation Inc. (“iA”) announced, on July 28, 2025, its definitive agreement to acquire RF Capital Group Inc. (“RFC”). The purchase price of $597 million includes a $370 million valuation for RFC’s fully diluted equity and $227 million in financial obligations. Further terms of the deal were not disclosed.
iA (TSX: IAG), based in Quebec, Canada, is an insurance and wealth management firm offering a broad suite of services including life, health, auto, home, and creditor insurance; savings and retirement plans; mutual and segregated funds; securities brokerage; and financial advisory solutions for individuals, businesses, and institutions. As of March 2025, iA has $175 billion in assets under advisement.
RFC (TSX: RCG), based in Toronto, is an independent wealth management company specializing in investment management, financial planning, insurance solutions, and tax and estate planning. RFC has more than $40 billion in assets under advisement.
To read the press release: please click here.