Power Financial Overview
- Year Founded
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1984
- Status
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Acquired/Merged
- Employees
-
103
- Latest Deal Type
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M&A
- Financing Rounds
-
2
- Investments
-
8
Power Financial General Information
Description
Power Financial Corp, a subsidiary of Power Corporation of Canada, is a diversified management and holding company with interests in the financial services industry through its controlling interests in Great-West Life, GBL, Sagard, IGM Financial, and others. The company's segments include Lifeco, IGM Financial, and the GBL. Its portfolio includes insurance, retirement, wealth management, and investment businesses, and alternative asset investment platforms.
Contact Information
Website
www.powerfinancial.com(Operating Subsidiary)
Corporate Office
- 751 Victoria Square
- Montreal, Quebec H2Y 2J3
- Canada
Corporate Office
- 751 Victoria Square
- Montreal, Quebec H2Y 2J3
- Canada
Power Financial Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Power Financial Comparisons
Industry
Financing
Details
Power Financial Competitors (3)
One of Power Financial’s 3 competitors is BMO Global Asset Management, a Corporate Backed or Acquired company based in Toronto, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| BMO Global Asset Management | Corporate Backed or Acquired | Toronto, Canada | ||||
| Primerica | Corporation | Duluth, GA | ||||
| Fairfax Financial Holdings | Corporation | Toronto, Canada |
Power Financial Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Power Financial Investments & Acquisitions (8)
Power Financial’s most recent deal was a Merger/Acquisition with Andeno. The deal was made on 14-May-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Andeno | 14-May-2026 | Merger/Acquisition | Consumer Finance | ||
| Wealthsimple | 22-May-2019 | Later Stage VC | Brokerage | ||
| Wealthsimple | 11-May-2017 | Early Stage VC | Brokerage | ||
| Alan | 24-Oct-2016 | Seed Round | Life and Health Insurance | ||
| KOHO | 21-Jul-2016 | Early Stage VC | Other Financial Services |
Power Financial Exits (1)
Power Financial’s most recent exit was on 21-Jul-2016 from KOHO. The exit was categorized as with 6 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| KOHO | 21-Jul-2016 | Completed |
|
Power Financial Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Andeno | San Juan, PR | 2016 |
Power Financial FAQs
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When was Power Financial founded?
Power Financial was founded in 1984.
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Where is Power Financial headquartered?
Power Financial is headquartered in Montreal, Canada.
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What is the size of Power Financial?
Power Financial has 103 total employees.
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What industry is Power Financial in?
Power Financial’s primary industry is Asset Management.
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Is Power Financial a private or public company?
Power Financial is a Private company.
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What is the current valuation of Power Financial?
The current valuation of Power Financial is .
-
What is Power Financial’s current revenue?
The current revenue for Power Financial is .
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Who are Power Financial’s competitors?
BMO Global Asset Management, Primerica, and Fairfax Financial Holdings are competitors of Power Financial.
-
When was Power Financial acquired?
Power Financial was acquired on 13-Feb-2020.
-
Who acquired Power Financial?
Power Financial was acquired by Power Corporation of Canada.
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