News Releases

TORONTO, ONTARIO--(Marketwire - Aug. 4, 2011) - BMO Financial Group today announced that the business of BMO Capital Corporation will be transferred to BMO Capital Partners, a new group under BMO Bank of Montreal's Corporate Finance Division, effective November 1, 2011. This change signifies a strengthened commitment to provide subordinated debt and private equity to clients in the Canadian market.

"This change significantly raises the bar when it comes to our focus on the customer," said Steve Somerville, President, BMO Capital Corporation. "It will allow us to provide a more responsive, effective, and efficient offering to our mid-market clients, and help us set ourselves apart from our peers as a trusted advisor."

Structured fully around the needs of the clients, BMO Capital Partners will facilitate subordinated debt lending and private equity investment activities for mid-market customers. Operating as a fully integrated and coordinated part of BMO's Corporate Finance Division, mid-market clients of BMO Capital Partners will also have seamless access to a full suite of commercial products and services, including: senior debt, cash management, asset-based lending, merger and acquisition advisory, underwriting and syndication services, as well as specialized areas including real estate finance and dealership finance.

BMO Capital Partners will maintain offices established by BMO Capital Corporation across Canada in Vancouver, Calgary, Toronto, and Montreal.