Search company, investor...

Crestridge Asset Management

crestridge.ca

Stage

Acquired | Acquired

Valuation

$0000 

About Crestridge Asset Management

Crestridge Asset Management is an independent portfolio manager that provides discretionary investment management for individuals, trusts and foundations. Crestridge manages client portfolios utilizing an investment philosophy which utilizes equity and fixed income investments as well as Exchange Traded Funds (ETFs).

Headquarters Location

10 Bay Street

Toronto, Ontario, M5J 2R8,

Canada

416-777-6767

Missing: Crestridge Asset Management's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Crestridge Asset Management's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Crestridge Asset Management News

Lorne Park Capital Partners Inc. Closes Acquisition of Crestridge Asset Management Inc.

Oct 3, 2017

. (TSXV:LPC) (“LPCP”) is pleased to announce that further to its press release of September 29, 2017, it completed its previously announced acquisition of Crestridge Asset Management Inc. (“Crestridge”), an independent portfolio manager based in Toronto (the “Transaction”). The transaction is subject to TSX Venture Exchange acceptance of requisite regulatory filings. LPCP indirectly acquired Crestridge in exchange for consideration of $1.35 million. On closing, LPCP paid $500,000 in cash and issued 500,000 common shares of LPCP at a deemed price of $0.40 per share, for an aggregate total deemed issue price of $200,000. Common shares issued pursuant to the Transaction are subject to a statutory four month and one day hold period ending February 3, 2018. The LPCP will pay a further $300,000 in cash and $200,000 in common shares of LPCP issued at the 30-day VWAP upon the first anniversary of closing; and $150,000 in cash on the 18-month anniversary of closing, in each case subject to adjustment as provided in the share purchase agreement in respect of the Transaction. Upon closing, Crestridge amalgamated with Bellwether Investment Management Inc. (“Bellwether”), and continued as a division of Bellwether. About Lorne Park Capital Partners Inc. LPCP was created to bring together boutique investment management and wealth advisory firms in order to deliver robust, cost effective investment solutions to affluent investors, foundations, estates and trusts. LPCP’s unique strategy creates better alignment between investment managers and wealth advisors while providing them with additional resources to accelerate their growth. About Bellwether Investment Management Inc. Bellwether is a boutique investment manager that offers tailored investment solutions for affluent investors, foundations, estates and trusts utilizing its proprietary “Disciplined Dividend Growth” Investment Process. Bellwether provides discretionary investment management focused on North American Dividend Growth investing and is dedicated to serving the distinct needs of affluent families. Bellwether’s suite of investment solutions includes Canadian, US and global equity and fixed income strategies. Bellwether is a subsidiary of LPCP, and is registered a portfolio manager in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan, an exempt market dealer in Alberta, Ontario and Quebec, and an investment fund manager in Ontario and Quebec. About Crestridge Asset Management Crestridge Asset Management, a division of Bellwether Investment Management Inc., provides discretionary investment management for individuals, trusts and foundations. Crestridge manages client portfolios utilizing an investment philosophy which utilizes equity and fixed income investments as well as Exchange Traded Funds (ETFs). For further information, please contact: Robert Sewell Cautionary Notes Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “plan”, and other similar expressions. Forward looking information in this news release includes, without limitation, LPCP’s objectives, goals and future plans. Forward-looking information addresses possible future events, conditions and financial performance based upon management's current expectations, estimates, projections and assumptions. In particular, the forward-looking information contained in this news release reflects assumptions about the timing and results of the amalgamation and regulatory approvals. Management of LPCP considers the assumptions on which the forward-looking information contained herein are based to be reasonable. However, by its very nature, forward-looking information inherently involves known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such information. Such risks include, without limitation, changes in economic conditions, applicable laws or regulations. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. LPCP disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Related Articles

Crestridge Asset Management Frequently Asked Questions (FAQ)

  • Where is Crestridge Asset Management's headquarters?

    Crestridge Asset Management's headquarters is located at 10 Bay Street, Toronto.

  • What is Crestridge Asset Management's latest funding round?

    Crestridge Asset Management's latest funding round is Acquired.

  • Who are the investors of Crestridge Asset Management?

    Investors of Crestridge Asset Management include Lorne Park Capital Partners.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.