CI Financial completes acquisition of BBS Securities

November 1, 2017

On November 1, 2017, CI Financial Corp. (TSX: CIX) announced that it had completed its acquisition of BBS Securities Inc. and associated entities including Pario Technology Corp., a financial technology company, and Virtual Brokers, a top-ranked online brokerage (collectively, “BBS”). Terms of the transaction were not disclosed.

Miller Thomson advised BBS in this transaction with a team that included Peter Dunne, Jay Sernoskie and Gary Volman.