TORONTO, ONTARIO–(Newsfile Corp. – April 4, 2024) – Lorne Park Capital Partners, Inc. (TSXV: LPC) (“Loan Park” or the “Company”) announced today that the Financial Times announced that it has been selected for the Financial Times list. “The Americas' Fastest Growing Companies 2024.” This prestigious award is presented by the Financial Times and Statistica Inc., the world's leading statistics portal and industry rankings provider. The list of awards will be announced on April 4, 2024 and can be viewed on the FT.com website.
The Americas Fastest Growing Companies 2024 ranking identifies the companies with the highest revenue growth between 2019 and 2022. The creation of the rankings was based on his four-step process:
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Application stage: Over 30,000 eligible companies were invited to register. Only companies that meet various criteria can apply for the ranking.
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research stage: Statista examines publicly listed revenue data for more than 1,000 publicly traded companies in the Americas to identify high-profile companies that meet minimum revenue, independence, and organic growth criteria for 2019 and 2022. Added company to list.
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Evaluation phase: Compound annual growth rate was calculated based on revenue figures submitted and verified by companies.
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Ranking:Ranked the top 500 companies that met various criteria. The minimum growth rate to include was 9.00%.
“Lone Park is once again honored to be recognized as one of the fastest growing companies in the Americas,” said Robert Sewell, President and CEO. “Our third consecutive award is a result of the outstanding performance and high level of execution of our team and the continued trust of our valued clients.”
Through our wholly owned subsidiary, Bellwether Investment Management, Inc. (“Bellweather”), we have a track record of methodically executing our growth strategy over the past 10 years and successfully integrating and growing our wealth management business. I've built it. By partnering with like-minded portfolio managers and family wealth advisors, Bellwether has built a robust offering that provides cost-effective public and private market investment solutions to clients. Bellwether continues to build an extensive network of advisors serving the needs of affluent families in many major centers across Canada.
On December 15, 2023, the Company completed its 100% acquisition of Fulcrum Equity Management, LLC. On December 30, 2022, the Company completed its acquisition of 80% of Promus Asset Management, LLC. Both Fulcrum and Proms are Texas limited liability companies registered as investment advisers with the Securities and Exchange Commission. These acquisitions have provided us with a footprint to expand our service offerings into the United States.
About Lorne Park Capital Partners Co., Ltd.
Lorne Park was formed to combine professional investment management and asset advisory firms to provide robust, cost-effective investment solutions for wealthy investors, foundations, estates and trusts. Lorne Park's unique strategy strengthens collaboration between investment managers and wealth advisors, while providing additional resources to accelerate growth.
About Bellwether Investment Management Co., Ltd.
Bellwether is a professional investment manager that provides customized investment solutions for high-net-worth investors, foundations, estates, and trusts using a proprietary “Disciplined Dividend Growth” investment process. Bellwether provides discretionary investment management focused on North American dividend growth investments and is dedicated to serving the unique needs of high net worth individuals. Bellwether's suite of investment solutions includes Canadian, U.S. and global equity and fixed income strategies. Bellwether is a subsidiary of Lorne Park, a portfolio manager in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan, and a duty-free market dealer in Alberta, Ontario and Quebec. Registered as an investment fund manager in Ontario. And Quebec.
For more information, please contact us below.
robert sewell
chief executive officer
Lone Park Capital Partners Co., Ltd.
investor.relations@lpcp.ca
(905) 337-2227
Notes
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes statements such as “believes,” “anticipates,” “expects,” “estimates,” “may,” “could,” “will,” “plans,” and “plans.” “,” and other similar terms. Expression. Forward-looking information in this news release includes, but is not limited to, Roan Park's objectives, goals and future plans. Forward-looking information addresses possible future events, conditions and financial performance based on management's current expectations, estimates, projections and assumptions. In particular, the forward-looking information contained in this news release reflects assumptions regarding the timing and outcome of the merger and regulatory approvals. Lorne Park's management believes that the assumptions underlying the forward-looking information contained herein are reasonable. However, by their nature, forward-looking information inherently involves known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such information. there is. Such risks include, but are not limited to, changes in economic conditions and applicable laws and regulations. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. Lorne Park disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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