TIMIA Capital Corporation entered into non-binding LOI to acquire Brightpath Capital Corporation and Brightpath Residential Mortgage LP I from Blake Albright, Fiona Elder, Sabrina Kyle and Ken Thomson for $30.5M. Blake Albright will join TIMIA Capital as CFO on closing.
Brightpath Capital is a Canada-based financial services firm that offers services such as mortgage lending, investment, and brokerage for individuals and businesses.