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Overview
Canaccord Genuity Capital Markets is a middle market investment bank that has Canadian roots. Canaccord Genuity, its parent, also offers Wealth Management services and operates as a full-service investment bank.
To grow its U.S. footprint, Canaccord acquired consumer-focused M&A advisory firm Sawaya Partners in December 2021. The firm has made similar acquisitions in Europe and Asia to bolster its global practice.
In 2023, a team of Canaccord executives launched an attempt to take the bank private amidst low public valuation and increased profit-sharing opportunities.
Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Canaccord Genuity Capital Markets, you should make sure you know:
1 deal that the investment banking group has done
1 person at the firm (ideally someone who would have influence over your recruiting process)
1 business model-specific detail to mention
We articulate how you can answer this question thoughtfully in our Investment Banking Course. We also cover all technical and qualitative information you need to get a top investment banking offer.
Selected Transaction
Canaccord Genuity Capital Markets advised Asante Gold Corporation on its acquisition of the Chirano Gold Mine in western Ghana.
Transaction Description: Asante Gold Corporation (CNSX:ASE) acquired all shares of Red Back Mining Party Ltd., which indirectly holds a 90% stake in the Chirano Gold Mine, a subsidiary of Kinross Gold Corporation (TSE:K).
Transaction Value: US$225M, cash and stock
Transaction Date: Closed August 2022
Fact Sheet
Company Name: Canaccord Genuity Capital Markets (part of Canaccord Genuity)
Description: Canaccord Genuity Capital Markets is a leading global full-service investment bank that offers advisory and capital markets services to clients around the world
Bank Category: Middle Market
Ticker: TSE:CF
Founded: 2010 (Canaccord Financial Inc. acquired Genuity Capital Markets)
Employees: 890 (for Canaccord Genuity Capital Markets)
Chief Executive Officer: Dan Daviau
Headquarters: Toronto, Canada
Resources
Based on the H1B Database, the average base salary for a second-year Investment Banking Analyst at Canaccord Genuity is $105k - $110k. We note that salary information is only available for second-year banking positions.