Loop Capital to Buy Taplin, Canida & Habacht from BMO
Posted on 02/01/2022
Chicago-based Loop Capital, LLC signed a deal for the acquisition of Taplin, Canida & Habacht, LLC (TCH), formerly part of BMO Asset Management Corporation, effective January 28, 2022. The addition of the TCH team to the Loop Capital platform expands the firm’s asset management capabilities, which presently include infrastructure asset management through JLC Infrastructure. The terms of the deal are undisclosed. The newly rebranded asset management platform at Loop Capital will be known as Loop Capital Asset Management.
Founded in 1985, Taplin, Canida & Habacht is a Miami-based investment advisory firm, which specializes in fixed income account management, serving a broad array of institutional clients globally. Its team of professionals provides portfolio management for both public and private enterprises. The firm has US$ 6.2 billion in assets under management as of December 31, 2021.
Keywords: Bank of Montreal.
