Mackie Research Financial Corp has agreed to buy Vancouver-based Jordan Ventures Ltd, the parent company of investment bank Jordan Capital Markets Inc. No financial terms were disclosed.
TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 11, 2015) – Mackie Research Financial Corporation (“Research Financial”), the parent company of Mackie Research Capital Corporation (“Research Capital”) announces it has entered into an Agreement to acquire Jordan Ventures Ltd., the parent of Vancouver-based investment dealer, Jordan Capital Markets Inc. (“Jordan Capital”), a high growth Private Client investment and Venture Investment Banking firm with over 55 employees.
Founded in 2008 and registered nationally, Jordan Capital has also established a Colombian-based investment banking platform focused primarily in the materials and energy sectors, which will expand Research Capital’s existing presence in the international resource industries space. Jordan Capital founding partners will lead the combined management team in British Columbia. The Agreement is subject to customary closing conditions, including regulatory approvals.
Research Capital is one of Canada’s largest employee-owned national investment firms providing Discretionary Portfolio Management, Advisory Wealth Management, Capital Markets and Venture Capital services to growth oriented investors and issuers globally, through a team of dedicated professionals in major centers across Canada.
Following completion of the transaction, the firm remains owned by its over 300 employees and retains its reputation for financial strength and continuous service to its 70,000 clients worldwide since 1921.