On September 12, 2024, Canaccord Genuity Group Inc. announced its agreement to acquire Brooks Macdonald Asset Management (International) Limited (BMI) from Brooks Macdonald Group plc. The transaction is valued at up to £50.85 million, comprising an initial cash payment of £28 million upon completion and a contingent consideration of up to £22.85 million, payable two years post-completion, contingent on BMI meeting specific revenue targets.

The deal is expected to close on March 2025, subject to regulatory approvals and customary closing conditions