CI Financial Corp. (TSX:CIX) entered into an agreement to acquire an unknown majority stake in R.H. Bluestein & Company on November 2, 2021. Robert Bluestein will remain president of the R.H. Bluestein. The transaction is subject to regulatory and other customary closing conditions. The transaction is expected to close in late forth quarter of 2021. Proskauer Rose LLP, Bodman PLC acted as legal advisor and Cambridge International Partners LLC acted as financial advisor to Bluestein. Michael Szlamkowicz of Hogan Lovells US LLP acted as legal advisor to CI Financial.

CI Financial Corp. (TSX:CIX) completed the acquisition of an unknown majority stake in R.H. Bluestein & Company on January 4, 2022.