Clairvest to Exit Acera as part of Acera Merger with Navacord

TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (“CVG”), today announced that it, together with Clairvest Equity Partners VI (“CEP VI”, collectively “Clairvest”), has signed an agreement to sell its minority interest in Acera Insurance Services Ltd. (“Acera” or the “Company”) as part of Acera’s merger with Navacord Corp., one of Canada’s top commercial insurance brokerages. CEO Lee Rogers, Chairman/President Andrew Kemp, Acera’s executive team and Acera’s employee shareholders will be rolling a significant amount of their equity into the merged entity. Closing, which is expected in the first quarter of calendar 2026, is subject to achieving certain closing conditions, including regulatory, court and shareholder approvals.