Clairvest sells Acera stake as it merges with Navacord

financialpost.com

Clairvest is selling its minority stake in Acera Insurance Services Ltd. as Acera merges with Navacord Corp. The merger is expected to close in the first quarter of 2026, subject to approvals. Acera, formed in 2022, is a large independent brokerage with over 750 employee shareholders. Clairvest's exit is projected to positively impact its book value by approximately $4.00 per share. During Clairvest's three-year partnership, Acera grew EBITDA by 70% and completed 24 acquisitions.


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Clairvest sells Acera stake as it merges with Navacord | News Minimalist