Mergers and Acquisitions

Purpose Unlimited Inc. in its acquisition of Steadyhand Investment Funds Inc. Purpose Unlimited Inc. in its acquisition of Steadyhand Investment Funds Inc.

Purpose Unlimited Inc.
Key Contact
Andrew W. Aziz

Partner, Corporate, Toronto

Team
Vanessa Hansford

Partner, Corporate, Toronto

Kai Sheffield

Partner, Corporate, Toronto

Bradley Lastman

Associate, Corporate, Toronto

Jessica Redmond

Associate, Corporate, Toronto

Shae-Lynne Shaheen

Associate, Corporate, Toronto

On June 10, 2025, Purpose Unlimited Inc. completed its acquisition of Steadyhand Investment Management Ltd. and Steadyhand Investment Funds Inc. Steadyhand is an independent Vancouver-based wealth management firm with approximately $1.3 billion in assets under management serving Canadian investors. The acquisition increases Purpose’s total assets under management to over $30 billion on its platform. 

Purpose is a rapidly growing Canadian financial services firm. Its businesses span asset and wealth management and small business financing, including Purpose Investments, Driven by Purpose, Advisor Solutions by Purpose, and Longevity.

Osler, Hoskin & Harcourt LLP advised Purpose Unlimited Inc. with a team consisting of Andrew Aziz, Vanessa Hansford, Kai Sheffield, Bradley Lastman, Jessica Redmond and Shae-Lynne Shaheen (Corporate).

Value
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Date Announced
June 10, 2025
Lead Office
Toronto
Key Contact
Andrew W. Aziz

Partner, Corporate, Toronto

Team
Vanessa Hansford

Partner, Corporate, Toronto

Kai Sheffield

Partner, Corporate, Toronto

Bradley Lastman

Associate, Corporate, Toronto

Jessica Redmond

Associate, Corporate, Toronto

Shae-Lynne Shaheen

Associate, Corporate, Toronto