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Genuity Capital Markets was a leading independent Canadian investment bank that specialized in advisory, corporate finance, and institutional equity services. Founded in 2005 by a group of former CIBC World Markets executives, the firm established a strong reputation for its expertise in high-growth sectors, most notably life sciences, healthcare, and technology. The company played a significant role in the North American mid-market, helping biotechnology and healthcare firms raise capital and navigate complex strategic transactions. In May 2010, Genuity was acquired by Canaccord Financial Inc. for approximately $286 million, leading to the formation of Canaccord Genuity. This merger combined Genuity's advisory strengths with Canaccord's global distribution network, creating a global leader in healthcare financial services.
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