TORONTO, Jan. 19 /CNW/ - Global Maxfin Capital Inc. (Global) is enhancing it Private Client Division. Global is obtaining the retail division of Octagon Capital Corporation (Octagon), a full-service investment dealer.
The acquisition will significantly grow the number of accounts for Global. The deal is expected to finalize at the end of January.
"This deal is just part of Global's efforts to grow the firm both organically and through acquisitions," says Sam Bouji, President and CEO of Global. "Global plans to continue growing with new branches across Canada."
Bouji adds, "Octagon's Private Client Division is a great fit for Global which matches our own entrepreneurial approach to business."
"Combining Octagon's retail operations with Global is mutually beneficial and very significant," says Sam Collins, Executive Vice-President of Global. "Octagon's Investment Advisors will be able to offer more choices to their clients with a range of Global products and services, while Global can strengthen its retail presence in Toronto and Calgary."
"As part of one of the largest independent financial firms in Canada, Advisors will now have more options to grow," says David Grand, Vice-President, Head of Retail Sales, Octagon Capital Corporation. "Global is continuing to expand their retail operations and this will help bolster their existing presence."
Global Maxfin Capital Inc. is part of the Global family of companies which offers an array of financial solutions, including education savings plans, insurance, mutual funds, stocks, bonds and other investments.
Just recently, Global Maxfin Investment Inc., also part of the Global family of companies, completed its acquisition of the Professional Investment Services (Canada) Inc., a subsidiary of Professional Investment Holdings Group.
About Global Maxfin Capital Inc.
Global Maxfin Capital Inc. is a full service, independent investment dealer focusing on providing comprehensive financial guidance and wealth planning to individuals and institutional clients.
Global Maxfin Capital Inc. is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.
The Global family of companies includes Global Maxfin Investments Inc. offering mutual fund solutions, Global Maxfin Capital Inc. offering investment solutions, Global Insurance Solutions Inc. specializing in insurance, Global Educational Marketing Corporation offering Education Savings Plans, Global Prosperata Funds Inc. and the Global Educational Trust Foundation.
SOURCE GLOBAL MAXFIN CAPITAL INC.
For further information: For further information: Media inquiries please contact: Pam Murray or Rudy Bartolome, Marketing and Communications, Global family of companies, (416) 741-7377 ext.3501, firstname.lastname@example.org