~Langhaus' strong performance and growth drive acquisition completion~
TORONTO, June 27, 2024 /CNW/ - Montfort Capital Corp. ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers, is pleased to announce the completion of the previously announced acquisition of the remaining 21.98% ownership interest (the "Minority Interest") of Langhaus Financial Partners Inc. ("Langhaus"), a subsidiary of the Company. As disclosed in its press release dated March 19, 2024, Langhaus achieved its financial target for assets under management ("AUM"), allowing the Company to acquire the Minority Interest under a call option in the Langhaus amended and restated shareholders' agreement dated October 2, 2022 (the "SHA").
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