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An announcement from Lorne Park Capital ( (TSE:LPC) ) is now available.
Lorne Park Capital Partners Inc. has acquired W.H. Shutt & Associates Inc. through its subsidiary Bellwether Investment Management Inc., expanding its asset management portfolio by approximately $190 million. This acquisition, valued at $6.5 million, strengthens Bellwether’s position in the market and integrates William Shutt and his team into Bellwether, ensuring continuity in service quality for clients.
More about Lorne Park Capital
Lorne Park Capital Partners Inc. (LPCP) is a company that consolidates boutique investment management and wealth advisory firms to provide cost-effective investment solutions for affluent investors, foundations, estates, and trusts. Its subsidiary, Bellwether Investment Management Inc., specializes in North American Dividend Growth investing, offering tailored investment solutions including Canadian, US, and global equity and fixed income strategies.
YTD Price Performance: 0.75%
Average Trading Volume: 3,171
Technical Sentiment Signal: Sell
Current Market Cap: C$73.92M
For detailed information about LPC stock, go to TipRanks’ Stock Analysis page.