On October 20, 2025, Wellington-Altus announced a nearly $400-million secondary minority common equity investment from Kelso & Company, a leading U.S. private equity firm. Upon completion, Kelso will acquire a 25% minority stake in Wellington-Altus in a common equity transaction, confirming an enterprise value of more than $1.5 billion. The transaction marks a significant milestone in Wellington-Altus’ growth strategy, validating its business model and positioning the company for continued long-term expansion.
With more than $40 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.
Osler, Hoskin & Harcourt LLP advised Wellington-Altus with a team consisting of Alex Gorka, Diana Windrim, Emery White, Min Oh (Corporate), John Black, Arielle Kaplan (Regulatory), Dov Begun and Emily Gilmour (Tax), Lynne Lacoursiere and Nick Guadagnolo (Executive Compensation).
Key Contact
Partner, Corporate, Toronto
Team
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Partner, Corporate and Co-Chair, Investment Funds and Asset Management, Toronto
Associate, Corporate, Toronto
Partner, Tax, Toronto
Partner, Tax, Toronto
Partner, Corporate, Toronto
Associate, Corporate, Toronto
