Investor services company Computershare is buying Canadian transfer agent Olympia Corporate and Shareholder Services (OCSS) assets from Olympia Financial Group.
Computershare on Monday said it had agreed terms for the acquisition in a deal entailing a maximum cash consideration of $Can43 million ($A44.27 million).
Up to $Can7.5 million is contingent on revenue retention measured at the first year anniversary of the transaction close.
"The assets to be acquired provide transfer agency, corporate trust and employee share plan services in the Canadian market," Computershare said in a statement.
"OCSS has around 650 issuer clients, of which 339 are publicly listed companies; and combined with its other services has approximately $Can12.0 million in annual revenues.
"Computershare expects to achieve synergies consistent with those achieved with previous transactions of a similar nature."
Computershare, which operates in 20 countries, provides shareholder management services and employee share plan management and other equity compensation programs.
