New acquisition to 'accelerate' ATB Financial's growth
Edmonton-based ATB Financial has penned an acquisition deal with Cormark Securities Inc., an investment bank with offices in Toronto and Calgary.
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Cormark was founded in 1981 and has participated in over 1,000 equity financings over the past decade, raising gross proceeds of more than $100 billion.
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'Together, our complementary expertise expands our ability to serve clients in Canada and the US, attract exceptional talent, and accelerate our growth strategy,' said Eurich in the release.
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Curtis Stange, ATB Financial's chief executive, noted that their clients face an 'increasingly complex economic landscape.'
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'The enhanced capabilities of the combined firm will contribute to a strong, competitive, and client-focused capital markets industry that supports economic growth nationwide,' Stange said.
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