BMO acquires Calgary-based Radicle Group
On February 8, 2022, BMO Financial Group (“BMO”) announced that it entered into a definitive agreement to acquire Radicle Group Inc. Terms were not disclosed.
Completion of the acquisition was announced on December 1, 2022. Effective with the announcement, Radicle's management team and staff will immediately become part of BMO Capital Markets' Global Markets group.
Further information can be found on PR Newswire’s website.
Radicle is a Calgary-based leader in sustainability advisory services and solutions, as well as technology-driven emissions measurement and management. It helps guide today's progressive companies towards tomorrow's sustainable future.
BMO is a highly diversified financial services provider — the 8th largest bank, by assets, in North America. With total assets of C$1.04 trillion as of April 30, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.