Debevoise & Plimpton LLP is advising BMO Financial Group (TSX:BMO) (NYSE:BMO) as US regulatory counsel in its definitive agreement to acquire Burgundy Asset Management Ltd. The transaction, valued at approximately $625 million and payable in BMO common shares, will expand BMO Wealth Management’s presence in the Canadian investment management space, strengthening its services for high-net-worth and ultra-high-net-worth individuals, families, and institutions. For more information, please see the company’s press release.

The Debevoise team is led by banking partner Gregory Lyons, investment management partner Marc Ponchione and banking counsel Patrick Fuller and includes investment management associate Christine Liu, banking counsel Aseel Rabie and associates Jung Eun Choi, Isabel Espinosa de los Reyes, Ally Farley and Lily Zweig, capital markets partner Paul Rodel, employee benefits and executive compensation counsel Douglas Hirn and antitrust counsel Kyra Bromley.