Manulife closes buy of broker-dealer from CAI-backed Symetra
Canadian insurer Manulife Financial Corp, through its U.S. business division John Hancock Financial, has closed its previously announced acquisition of Bellevue, Wash.-based Symetra Investment Services (SIS) for an undisclosed amount. The broker-dealer/investment advisory company was sold by Symetra Financial Corp, a portfolio company of Canadian private equity firm CAI Private Equity. SIS will now form part of John Hancock Financial Network.
1 October 2013•3 mins read
