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.st1{display:none}DEALS

Fairstone Bank to acquire Home Trust Company

Fairstone Bank to acquire Home Trust Company. Stephen Smith’s Smith Financial Corporation will own a majority interest in combined entity. Fairstone Bank’s current shareholders, Centerbridge Partners, L.P., Ontario Teachers’ Pension Plan Board and management, will continue as minority shareholders.

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.st1{display:none}PEOPLE

Jake Lawrence joins Power Corporation as EVP & CFO

CPE News

Power Corporation hired Jake Lawrence, CEO and Group Head of Global Banking and Markets at Scotiabank, as EVP & CFO, effective March 18, 2024. Scotiabank moved Lawrence into Strategic Advisor role and Michael Kruse and Paul Scurfield take on expanded roles.

.st1{display:none}US/INternational deals/funds

  • super{set} closes US $90M Fund II

  • Exoès secures €35m financing