$221 Million

Kessler Group

General Advisory

Exclusive Financial Advisor, May 2018

Strategic Investment from ECN Capital

ECN Capital Corp. (TSX:ECN), one of North America’s leading financial services companies, today announced that it has entered into a definitive agreement to make a strategic investment in The Kessler Group (“Kessler” or “KG”). This investment represents a significant strategic opportunity for ECN to partner with Howard Kessler, his team and KG’s clients. Under the terms of the agreement, ECN Capital will invest US$221.2 million in KG. The transaction is expected to be immediately accretive to non-GAAP earnings per share and generate over $20 million of annual run-rate cost synergies within 2 years of closing, excluding stock-based compensation and other charges. Mr. Kessler will continue to run the company as Chairman and CEO, responsible for driving KG’s business and strategy.

More Like This

Jun 2021
Twinner GmbH

Series B Funding Round

Exclusive Financial Advisor

View Details
May 2021
engage2learn logo

Equity Investment from Leeds Equity Partners

Exclusive Financial Advisor

View Details
Mar 2018
The Saatva Company

Strategic Investment by TZP Capital Partners

Exclusive Financial Advisor

View Details