Wealthsimple - M&A Summary, Ownership, and Business Overview

Internet Software And ServicesCompany

Wealthsimple M&A Summary

Wealthsimple has acquired 1 company of its own, including 1 in the last 5 years. It has also divested 1 asset.

The Company’s most targeted sectors include software (100%).

Wealthsimple Ownership

Who owns Wealthsimple?

Wealthsimple is owned by Purpose Advisor Solutions. It was acquired on January 23, 2020.

Was Wealthsimple formerly PE-backed?

Yes. Wealthsimple was formerly owned by 1 private investor.

Wealthsimple Business Overview

Where is Wealthsimple headquartered?

Wealthsimple is headquartered in Toronto, Ontario.

What sector is Wealthsimple in?

Wealthsimple is an internet software and services company.

When was Wealthsimple founded?

Wealthsimple was founded in 2013.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Wealthsimple

Wealthsimple, Inc.

860 Richmond Street West 3rd Floor,
Toronto, Ontario M6J 1C9
Canada,
(877) 222-7473
www.wealthsimple.com

Wealthsimple is an online investing service and trading app investing client's money in a globally diversified portfolio of low-cost index funds, and cutting-edge technology helps to earn the best possible return while optimizing tax bill. Wealthsimple was founded in 2013 and is based in Toronto, Ontario.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.2/yr) # - - 1 - - - 1
  2

Most Recent M&A

Company Date Value Type
Wealthsimple's U.S. Investment Advisory Book of Business 2021-03-04 - Divestiture
Toronto, Ontario
SimpleTax Software, Inc. 2019-09-24 - Add-on Acquisition
Vancouver, British Columbia · www.simpletax.ca
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 1 (100%) - - -
Building Materials - - 1 (100%) -
Total 1 - 1 -

By Geo

State/Country Buy Value Sell Value
Canada 1 - 1 -
  British Columbia 1 - - -
  Ontario - - 1 -
Total 1 - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Internet Software and Services

Established

2013

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