Lorne Park Capital Partners Inc. Acquires Wealth Management Practice

Executive Summary

• Lorne Park Capital Partners Inc. (LPCP) announced the closing of a definitive acquisition of 100% of the outstanding securities of 1001273791 Ontario Ltd., an entity holding approximately $40 million in assets under management.
• The purchase price is $1,300,000, payable as $520,000 at closing and $195,000 annually for four subsequent years (2026‑2029), with adjustments tied to trailing‑12‑month revenue on each payment date.
• No LPCP securities are issued in connection with the transaction; the deal is arm’s‑length and the former owner, Gordon Archer, will join Bellwether Investment Management as an employee.

Key Details

• Target: 1001273791 Ontario Ltd. (the “Acquiree”), an Ontario corporation managing ~ $40 M of assets on behalf of Bellwether Investment Management Inc.
• Acquirer: Bellwether Investment Management Inc., a wholly‑owned subsidiary of LPCP.
• Consideration: Total $1,300,000
• $520,000 paid at closing.
• Four subsequent installments of $195,000 each, payable in January 2026, 2027, 2028 and 2029.
• Each installment is subject to adjustment based on the Acquiree’s trailing‑12‑month revenue as of the payment date.
• Structure: Cash consideration only; no issuance of LPCP or Bellwether securities.
• Employment Arrangement: Former owner Gordon Archer will become a Bellwether employee and continue client service responsibilities.
• Arm’s‑Length Transaction: Confirmed that the acquisition is conducted at arm’s length with no related‑party securities issued.

Notable Quotes

(No direct quotes were provided in the release.)