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DEALS AND SUITS

The Gryphin Advantage acquires Groupe Financier Boulos, expanding its Québec market presence

On Aug. 4, 2026, BLG acted as counsel to The Gryphin Advantage Inc. (Gryphin) in connection with its acquisition of 100 per cent of Groupe Financier Boulos from its shareholders pursuant to a private share purchase transaction.

Gryphin, headquartered in Ontario, is a Canadian managing general agency (MGA) serving independent insurance and financial advisors across Canada. Groupe Financier Boulos, established in 1979, is a Québec-based MGA with deep roots in the province's independent financial advisory community.

The acquisition expands Gryphin's presence in the Québec market and grows its national advisor network to approximately 2,600 advisors.

The BLG team was led by Frazer House (M&A) and included Benjamin Fuhrmann, Jordan Jaslow and Ellen Kharlanov (M&A); Guillaume Talbot-Lachance (Corporate Commercial); Joelle Kabouchi and Owen Clarke (Tax); Rick Da Costa and Abby Shine (Insurance Regulatory); Rose Massicotte (Labour and Employment); and Eric Boehm (Regulatory).