CI Financial acquires majority stake in Canadian advisory firm Aligned Capital

October 20, 2020

On October 19, 2020, CI Financial Corp. (“CI”) (TSX:CIX) completed its acquisition of a majority interest of Aligned Capital Partners Inc. (“Aligned Capital”).

Aligned Capital is a Canadian full-service investment advisory firm supporting over 200 financial advisors across the country, and is one of the industry’s fastest-growing firms with approximately $10 billion in assets.

Miller Thomson advised Aligned Capital with a team led by Ron Choudhury (Tax) and Ryan Done (Corporate/M&A), and comprised of Farah Rohoman, Peter Dunne, Paul Dimerin (Corporate/M&A); Andrew Etcovitch, Neil Gurmukh and Carolyn Hogan (Tax); Paul Morrison and Adam Stephens (Litigation); Eric Dufour and Reema Mahbubani (Competition); Karen Durell (IP); Kim Ozubko (Pensions & Benefits), and David Tsai and Christine O’Donohue (Labour & Employment).