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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).
Parties
Company
Neighbourhood Holdings Ltd.
Company
Fisgard Asset Management Corporation
Deal Type
Merger & AcquisitionIndustry
Banking/FinanceTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
20 October 2025