TORONTO, Aug. 17, 2022 /PRNewswire/ -- Canaccord Genuity
Group Inc. (TSX: CF) (the "Company") is pleased to announce that
through its UK & Europe
capital markets business, Canaccord Genuity Limited, it completed
its previously announced asset purchase agreement to acquire the
business of Results International Group LLP ("Results"). Results is
an independent advisory firm headquartered in London, UK, focused in the technology and
healthcare sectors which provides M&A and corporate finance
services to entrepreneurs, corporates, private equity firms and
investors.
This transaction complements recent investments by the Company
to expand its global Advisory business with the acquisitions of
Petsky Prunier (2019) and Sawaya Partners (2021) in the United States and expands its European
domain expertise in the Healthcare and Technology sectors.
As previously disclosed, Managing Partner Julie Langley will
become Head of Technology and Healthcare Advisory for Canaccord
Genuity UK & Europe and
existing employees of Results are expected to continue with
Canaccord Genuity's UK & Europe capital markets business.
ABOUT CANACCORD GENUITY GROUP INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc.
(the "Company") is a leading independent, full-service financial
services firm, with operations in two principal segments of the
securities industry: wealth management and capital markets. Since
its establishment in 1950, the Company has been driven by an
unwavering commitment to building lasting client relationships. We
achieve this by generating value for our individual, institutional
and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services. The Company has
wealth management offices located in Canada, the UK, 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 offers
institutional and corporate clients idea-driven investment banking,
merger and acquisition, research, sales and trading services from
offices in North America, UK &
Europe, Asia, Australia and the Middle East. Our diverse team of capital
markets and advisory professionals has deep industry and
transactional expertise in key growth sectors of the global
economy. We are committed to providing valued services to our
clients throughout the entire lifecycle of their business and
operating as a gold standard independent investment bank –
expansive in resources and reach, but targeted in industry
expertise, market focus and individual client 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 under 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 concerning anticipated
future events, results, circumstances, performance or expectations
that are not historical facts, including business and economic
conditions and Canaccord Genuity Group's growth, results of
operations, performance and business prospects and opportunities.
Such forward-looking statements reflect management's current
beliefs and are based on information currently available to
management. In some cases, forward-looking statements can be
identified by terminology 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
these statements, readers should specifically consider various
factors that may 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 interim condensed and
annual consolidated financial statements, its annual report and its
annual information form ("AIF") filed on www.sedar.com as well as
the factors discussed in the sections entitled "Risk Management"
and "Risk Factors" in the AIF, which include market, liquidity,
credit, operational, legal and regulatory risks. Material factors
or assumptions that were used by the Company to develop the
forward-looking statements contained in this press release include,
but are not limited to, those set out in the most recent Outlook
section in its annual and quarterly MD&As and those discussed
from time to time in the Company's interim condensed and annual
consolidated financial statements, its annual report and its AIF
filed on www.sedar.com. The preceding list of material factors and
assumptions is not exhaustive of all possible risk factors that may
influence actual results.
Although the forward-looking statements contained in this press
release are based upon 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 Company's views as of any date subsequent to
the date of this press release. Except as may be 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, further
developments or otherwise.
www.cgf.com/investor-relations
CONTACT: Investor and media relations inquiries: Christina
Marinoff, Vice President, Investor Relations &
Communications,Phone: 416-687-5507, Email:
cmarinoff@cgf.com