RF Capital Group to be acquired by iA Financial Corporation in C$597 million all-cash transaction
Goodmans LLP is advising RF Capital Group in connection with its sale to iA Financial Corporation, a Quebec City-based insurance and wealth management company, in an all-cash transaction valued at C$597 million.
The purchase price of C$597 million includes a C$370 million valuation for RF Capital's diluted equity and C$227 million in financial obligations.
The transaction will allow RF Capital and its advisors to maintain operational independence and brand identity, while complementing iA’s existing brands, Investia and iA Wealth. The transaction is expected to close in the fourth quarter of 2025, subject to approval from RF Capital’s common shareholders and regulators.
RF Capital is a Toronto-based wealth management company operating under the Richardson Wealth brand.Featured Work
-
Mergers and Acquisitions
Dayforce to be taken private by Thoma Bravo for US$12.3 billion
Goodmans LLP is advising Dayforce, Inc. as Canadian counsel in connection with its definitive agreement to be taken private by Thoma Bravo in an all-cash transaction with an enterprise value of… -
Mergers and Acquisitions
Dream Residential REIT to be acquired by Morgan Properties for C$491 million
Goodmans LLP is acting for the Special Committee of Dream Residential REIT in connection with its agreement to be acquired by Morgan Properties in an all-cash transaction for approximately C… -
Mergers and Acquisitions
SBA Communications to sell Canadian wireless tower business to CVC DIF
Goodmans LLP is advising SBA Communications in connection with its definitive agreement to sell its Canadian wireless tower business (SBA Canada) to CVC DIF, the dedicated infrastructure investment… -
Mergers and Acquisitions
RF Capital Group to be acquired by iA Financial Corporation in C$597 million all-cash transaction
Goodmans LLP is advising RF Capital Group in connection with its sale to iA Financial Corporation, a Quebec City-based insurance and wealth management company, in an all-cash transaction valued at… -
Technology
OverActive Media completes acquisition of KOI and Movistar Riders
Goodmans LLP acted as legal advisor to OverActive Media Corp. in connection with its strategic all-share acquisition of certain esports assets of Goatch Global, S.L. (operating as "KOI") and all of… -
Private Equity and Venture Capital
OMERS sells majority interest in CEDA to Hillcore Group
Goodmans LLP advised OMERS Private Equity Inc., a subsidiary of OMERS, in connection with the sale of its majority interest in CEDA to Hillcore Group…