Canadian firm BLG acquires asset management specialist AUM Law
10 May 2021
Deal will boost firm's regulatory and compliance offering to the investment industry
Toronto, Canada Shutterstock
Toronto-headquartered Borden Ladner Gervais (BLG) has acquired specialist Canadian asset management legal advisory and compliance firm AUM Law to further expand its investment industry coverage.
AUM Law was founded in 2009 to coincide with the introduction of the Canadian Securities Administrators cross-Canada registration regime, providing asset management firms with regulatory and compliance support for a fixed-fee. The terms of the deal were not disclosed.
John Murphy, national managing partner and CEO of BLG, said: “Our clients rely on us to stay ahead of change and help them navigate the complex business landscape. This acquisition, which is the first of note in our sector in several years, is evidence of our commitment to embrace innovation to transform the practice of law and bring new services to our clients as quickly as possible.”