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Neighbourhood Holdings acquires Fisgard Asset Management

On October 20, 2025, Neighbourhood Holdings Ltd. completed its landmark acquisition of Fisgard Asset Management Corporation, creating one of Canada's largest mortgage investment entities and marking a significant milestone in the alternative mortgage industry. 

The combined business will operate over $750 million in assets under management (AUM) across 1,550 mortgages, serving over 3,000 investors and nearly 5,000 mortgage brokers from coast to coast.

The combined entity will employ over 60 employees while maintaining two distinct investment vehicles: Neighbourhood Holdings Income Trust I and Fisgard Capital Corporation, each preserving its own governance and investment strategy.

BLG represented Fisgard with a team led by Andrew Hennigar that included Darcy Toy, Jordan Kay, and Jacqueline Lee (M&A); Jason Brooks (Investment Management); Rob Biggar and Olivia Ruvo (Tax); and James Fu, Lisa Carlson, and Tommy Hong (Labour & Employment).

Company

Neighbourhood Holdings Ltd.

Law Firm / Organization
Not specified

Company

Fisgard Asset Management Corporation

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)
Merger & Acquisition
Banking/Finance
Undisclosed/Confidential
Closed
20 October 2025