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The latest announcement is out from Parvis Invest Inc ( (TSE:PVIS) ).
Parvis Invest Inc., a TSXV-listed fintech platform specializing in private real estate and alternative investments, is expanding its capabilities beyond private markets by integrating full-service wealth management into its ecosystem. Through its technology-enabled platform, Parvis aims to give Canadian investors easier, more efficient access to a broader mix of institutional-quality opportunities and advisory support.
The company has signed a definitive agreement to acquire Richmond Global Wealth Inc., a full-service wealth, tax, investment, and insurance advisory firm, in an all-share transaction valued at about $800,000. The deal, unanimously approved by both boards and expected to close later this month pending customary approvals, is Parvis’ first strategic acquisition and is designed to create a unified system where investors can access both traditional securities and private market products, enhancing onboarding, portfolio oversight, and planning for both new and sophisticated investors.
More about Parvis Invest Inc
Parvis Invest Inc. is a Vancouver-based, technology-driven investment platform focused on democratizing access to institutional-quality private real estate and alternative investment opportunities for Canadian investors. Leveraging AI and blockchain, the company streamlines the investment process and operates with experts across major Canadian cities, including Toronto, Vancouver, Kelowna, and Montreal.
Average Trading Volume: 56,919
Technical Sentiment Signal: Buy
Current Market Cap: C$6.39M
Learn more about PVIS stock on TipRanks’ Stock Analysis page.