Guardian Cap Cl A NV (TSE:GCG.A) has released an update.
Guardian Capital Group Limited has successfully acquired Sterling Capital Management, significantly boosting its assets under management and administration by roughly US$77 billion, which marks a strategic move to enhance Guardian’s presence in the U.S. market. The acquired firm will retain its investment teams and autonomy, as the partnership is expected to offer increased opportunities for client and asset base growth, enhanced capabilities, and broader product offerings. The acquisition aligns with Guardian’s long-standing core values and growth trajectory.
For further insights into TSE:GCG.A stock, check out TipRanks’ Stock Analysis page.