Loop Capital is pleased to announce CIBC as a minority stakeholder in our firm. CIBC’s investment in Loop Capital allows us the opportunity to further our commitment to providing our clients with unparalleled service and solutions.
Loop Capital takes great pride in the tremendous growth our firm has experienced since inception, more than two decades ago. As we enter this next phase of business, we are excited to do so with a partner that is mutually aligned—focused on impact in both finance and the community.
Through this transaction, Loop Capital and CIBC aim to work collaboratively to position our firms for substantial growth in not only our core businesses, but new businesses on the horizon. The capital CIBC has invested in our firm allows us to take larger positions on our balance sheet, lead larger transactions on behalf of our clients and evaluate strategic acquisition targets to enhance the Loop Capital platform.
Please view here for the official CIBC press release which contains further information.