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Toronto-based firm to join Focus Financial Partners

Toronto-based Nexus Investment Management, Inc. has agreed to join New York-based Focus Financial Partners Inc., according to a news release by the latter.

Nexus provides investment and wealth management services to high-net-worth individuals and families, foundations and endowments across Canada.

The transaction is expected to close in the first quarter of 2020.

Blair Franklin Capital Partners served as financial adviser to Nexus for the transaction.