Transaction|August 1, 2014
Gluskin Sheff acquires Blair Franklin Asset Management
Torys acted as counsel to Gluskin Sheff with a team that included Richard Willoughby, Dean Kotwal, Matthew Kuchinsky and Jordan Fenton (corporate/M&A), Jerald Wortsman and Grace Pereira (Canadian tax), Peter Keenan (U.S. tax), Christine Vogelesang and Dawn Scott (securities regulatory).
On August 1, 2014, Gluskin Sheff + Associates Inc. (Gluskin Sheff) announced the completion of its previously announced agreement to acquire all outstanding shares of Blair Franklin Asset Management Holdings Inc., the parent company of Blair Franklin Asset Management Inc. (Blair Franklin), for approximately C$70 million in cash and stock.
Blair Franklin is one of Canada's leading boutique asset management firms specializing in fixed income, with approximately C$625 million in assets under management.
Gluskin Sheff is one of Canada's pre-eminent wealth management firms serving high net worth private clients and institutional investors.
Further information can be found on Gluskin Sheff's website.