Canaccord Genuity

Canaccord Genuity Group Inc. is an investment banking and financial services company that specializes in wealth management and brokerage in capital markets. It is one of the largest independent investment dealers in Canada. The firm focuses on growth companies, with operations in 10 countries. Canaccord Genuity, the international capital markets division, is based in Canada, with offices in the US, the UK, Europe, Asia, and Australia.

Canaccord Genuity provides mergers and acquisitions, corporate finance, restructuring, debt advisory, and strategic advice for corporate, government, and private-equity clients. The firm's practice areas include aerospace and defense, agriculture, clean technology and sustainability, consumer and retail, energy, financials, health care and life sciences, infrastructure, leisure, media and telecommunications, metals and mining, real estate and hospitality, technology, transportation, and private equity.

The company was established in 1950 as Hemsworth, Turton & Co., a Western Canadian venture capital firm.

In 2004, Canaccord Capital went public on the Toronto Stock Exchange with an IPO price of $10.25 and an estimated valuation of $70 million.

In 2006, Canaccord Capital acquired Adams, Harkness & Hill Financial Group Inc., a Boston-based broker-dealer. The firm's global capital markets division was rebranded as Canaccord Adams.

In 2009, Canaccord Capital was renamed Canaccord Financial. Canaccord Financial acquired Genuity Capital Markets in 2010, in a cash and share deal worth about $286 million. Genuity Capital Markets, founded in 2005, had 135 employees with offices in Canada and the U.S.

In 2012, Canaccord Financial acquired Collins Stewart Hawkpoint for $400m acquiring "an independent financial advisory firm with research, trading and wealth management operations."

In 2012, Canaccord Financial acquired Eden Financial, a London-based wealth management business for private client investment management.