CANACCORD GENUITY GROUP INC. ANNOUNCES THE COMPLETION OF ITS ACQUISITION OF SAWAYA PARTNERS, A CONSUMER-CENTERED M&A CONSULTING FIRM IN THE UNITED STATES
TORONTO, December 31, 2021 / CNW / – Canaccord Genuity Group Inc. (TSX: CF) (the “Company”) is pleased to announce that it has completed the previously announced acquisition of Sawaya Partners, a leading independent mergers and acquisitions consulting firm in the consumer sector based in New York.
Sawaya Partners will operate with the Canaccord Genuity brand under the name âCG / Sawaya Partnersâ, recognizing the strong goodwill and brand awareness of the Sawaya name in the consumer sector. As previously reported, upon completion of the acquisition, Sawaya Partners Founder and Managing Partner, Fuad Sawaya, joins CG’s U.S. Operating Committee and becomes Vice President – Consumer and Global Head of Consumer Investment Practice. CG banking. Jeff Kuhr and Slava leykind become co-heads of CG’s US Consumer Investment Banking group. All current employees of Sawaya Partners will continue to operate in the capital markets in the United States.
ABOUT THE CANACCORD GENUITY GROUP INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc. (the âCompanyâ) is a leading independent full-service financial services company, engaged in two main segments of the securities industry: investment management. heritage and financial markets. Since its creation in 1950, the company has been driven by an unwavering commitment to building lasting relationships with its customers. We do this by generating value for our retail, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has wealth management offices located at Canada, the United Kingdom, Guernsey, Jersey, the Isle of Man and Australia. The Company’s international capital markets division operates in North America, UK & Europe, Asia, Australia and the Middle East.
Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX.
ABOUT CANACCORD GENUITY GLOBAL CAPITAL MARKETS
Canaccord Genuity’s Global Capital Markets division provides institutional and corporate clients with idea-driven investment banking, merger and acquisition, research, sales and trading services from its offices in North America, UK & Europe, Asia, Australia and the Middle East. Our diverse team of capital markets and advisory professionals have in-depth industry and transaction 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 operating as an independent benchmark investment bank – vast in resources and reach, but focused on industry expertise , market orientation and individual customer attention. We are guided by your success. For more information visit www.cgf.com.
ATTENTION 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 the expectations, beliefs, plans, estimates, intentions and similar statements of management regarding anticipated future events, results, circumstances, performance or expectations that do not are not historical facts, including business and economic conditions and Canaccord Genuity Group growth, results of operations, performance and business outlook and opportunities. These forward-looking statements reflect the current beliefs of management 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 of these terms or 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 such statements, readers should specifically take into account various factors that could cause actual results to differ materially from any forward-looking statement. These factors include, without limitation, general market and economic conditions, the nature of the financial services industry and the risks and uncertainties referred to from time to time in the Company’s annual condensed and consolidated interim financial statements, its annual report. Annual Information Form and its Annual Information Form (“Annual Information Form”) filed on www.sedar.com as well as the factors discussed in the sections entitled âRisk Managementâ and âRisk Factorsâ of the Annual Information Form, which include market, liquidity, credit, operational, legal and regulatory risks. Important factors or assumptions that have been used by the Company to develop the forward-looking statements contained in this press release include, without limitation, those set forth in the Outlook for Fiscal 2021 section of the annual MD&A and those discussed. sometimes. in the annual condensed and consolidated interim financial statements of the Company, its annual report and the annual information form filed on www.sedar.com. The foregoing list is not exhaustive of all possible risk factors that may influence actual results. Readers are cautioned that the foregoing list of important factors or assumptions is not exhaustive.
Although the forward-looking statements contained in this press release are based on what management believes to be reasonable assumptions, 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 taken as representing the views of the Company as of a 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 forward-looking statements, whether as a result of new information, additional developments or otherwise.
SOURCE Canaccord Genuity Group inc.
For further information: Investor Relations and Media Information: Christina Marinoff, Vice President, Investor Relations and Communications, Phone: 416-687-5507, Email: [emailÂ protected], www.cgf.com/relations-investisseurs