TORONTO, August 17, 2022 /PRNewswire/ — Canaccord Genuity Group Inc. (TSX: CF) (the “Company“) is pleased to announce that, through its Europe Capital Markets, Canaccord Genuity Limited, has entered into its previously announced asset purchase agreement to acquire the business of Results International Group LLP (“Results”). Results is an independent consulting firm headquartered in London, UKspecializing in the technology and healthcare sectors, which provides M&A and financing services to entrepreneurs, corporations, private equity firms and investors.
This transaction complements the Company’s recent investments to grow its global advisory business with the acquisitions of Petsky Prunier (2019) and Sawaya Partners (2021) in United States and expands its European domain expertise in the healthcare and technology sectors.
As previously announced, Managing Partner Julie Langley will become Head of Technology and Healthcare Consulting for Canaccord Genuity UK & Europe and current Results employees should continue with Canaccord Genuity UK & Europe capital market.
ABOUT CANACCORD GENUITY GROUP INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the “Company”) is a leading, independent, full-service financial services firm operating in two primary segments of the securities industry: wealth management and capital markets. Since its inception in 1950, the Company has been driven by an unwavering commitment to building lasting relationships with its clients. We do this by generating value for our retail, institutional and corporate clients through comprehensive investment solutions, brokerage and investment banking services. The Company has wealth management offices located in CanadaGreat Britain, GuernseyJersey, the Isle of man and Australia. The Company’s International Capital Markets division operates in North AmericaUK & Europe, Asia, Australiaand the Middle East.
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the Toronto Stock Exchange.
ABOUT CANACCORD GENUITY GLOBAL CAPITAL MARKETS
Canaccord Genuity’s Global Capital Markets division provides institutional and corporate clients with idea-driven investment banking, M&A, research, sales and trading services from its offices in North AmericaUK & Europe, Asia, Australia and the Middle East. Our diverse team of capital markets and advisory professionals have deep industry and transactional expertise in key growth sectors of the global economy. We are committed to providing valuable services to our clients throughout the lifecycle of their business and to operating as a leading independent investment bank – broad in resources and reach, but focused on expertise industry, market orientation and individual customer attention. We are driven by your success. For more information, visit www.cgf.com.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release may contain “forward-looking information” as defined by applicable securities laws (“forward-looking statements”). These statements relate to future events or future performance and reflect management’s expectations, beliefs, plans, estimates, intentions and similar statements regarding events, results, circumstances, performance or anticipated future expectations that are not historical facts, including business and economic conditions and Canaccord Genuity the Group’s growth, results of operations, performance and business prospects and opportunities. These forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking statements may be identified by words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “continue”, “target”, “intend”, “could” or the negative form of these terms or any other comparable terminology. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and a number of factors could cause actual events or results to differ materially from the results discussed in the forward-looking statements. In evaluating these statements, readers should specifically consider various factors that could cause actual results to differ materially from any forward-looking statement. These factors include, but are not limited to, market and general economic conditions, the nature of the financial services industry and the risks and uncertainties discussed from time to time in the Company’s annual condensed and consolidated interim financial statements. , its annual report and its annual information statement (“AIF”) filed on www.sedar.com as well as the factors discussed in the sections entitled “Risk Management” and “Risk Factors” of the Annual Information Form, which include market, liquidity, credit, operational, legal and regulatory risks. Material factors or assumptions that were used by the Company in making the forward-looking statements contained in this press release include, but are not limited to, those set forth in the most recent Outlook section of its annual and quarterly MD&As and those discussed from time to time. from time to time in the Company’s condensed and annual interim consolidated financial statements, annual report and annual information form filed on www.sedar.com. The foregoing list of important factors and assumptions is not exhaustive of all possible risk factors that may affect actual results.
Although the forward-looking statements contained in this press release are based on assumptions that management believes are reasonable, there can be no assurance that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date of this press release and should not be relied upon as representing the views of the Company as of any date subsequent to the date of this press release. Except as required by applicable law, the Company does not undertake and specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, subsequent developments or otherwise.
CONTACT: Investor Relations and Media Inquiries: Christina Marinoff, Vice President, Investor Relations and Communications, Phone: 416-687-5507, Email: [email protected]
SOURCE Canaccord Genuity Group Inc.