has agreed to be acquired by

Berkshire Global Advisors acted as financial advisor to Galapagos Partners

Date: May 2022

Sector: Wealth Management

Sub-Sector: FinTech

Region: North America

Seller AUM: $900 Million

Seller Details:
Galapagos Partners, L.P. a Houston, Texas-based independent, multi-family office and investment advisory firm. Galapagos provides comprehensive wealth management services to ultra-high-net-worth families and private clients.

Buyer Details:
CI Financial Corp. is an integrated global wealth and asset management company that managed and advised on approximately C$370.2 billion (US$295.7 billion) in client assets as of March 31, 2022. Wealth management accounts for over 60% of CI’s assets, and U.S. wealth management has become CI’s largest business line by assets.

Transaction Summary:
Galapagos Partners, L.P. became a wholly-owned subsidiary of CI Private Wealth US, LLC, subsidiary of CI Financial Corp.