North Square Investments to Acquire C.S. McKee

January 13, 2020

On January 7, 2020, North Square Investments, LLC announced that it had entered into an agreement to acquire C.S. McKee, L.P.

Pursuant to the agreement, North Square Investments, LLC (“North Square”) will acquire the business of C.S. McKee, L.P. (“McKee”). McKee will become an independent affiliate of North Square, and North Square will provide product development and distribution, along with administrative support to McKee. As part of the transaction, equity ownership in McKee will be expanded to include all McKee employees. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2020. Terms of the deal were not disclosed.

McKee is an institutional investment management firm located in Pittsburg, Pennsylvania whose clients include pension funds, profit-sharing plans, reserve funds, operating funds and other financial assets for states, counties, municipalities, unions, financial service companies, corporations, endowments and foundations, hospitals, universities, religious organizations and other institutions. It has over $9.3 billion in assets under management as of September 30, 2019.

North Square is a Chicago-based multi-boutique investment firm offering a range of equity products to clients. It has over $10 billion in assets under management. North Square was advised on the transaction by Piper Sandler Companies.

To read the press release: please click here.


Investment Manager M&A, Transactions