FOR IMMEDIATE RELEASE
Contact:
William (Bill) Shaw
Chief Executive Officer, Treegrove Investment Management Inc.
416-532-2882
Bill@Treegrove.ca
Treegrove Investment Management Inc. Acquires Sprung Investment
Management Inc., Strengthening Its Position as a Leading Asset
Manager
Toronto, Ontario — May 1, 2026 — Treegrove Investment Management Inc. (“Treegrove”)
today announced the successful completion of its acquisition of Sprung Investment
Management Inc. (“Sprung”), a move that significantly expands Treegrove’s assets under
management, deepens its investment expertise, and broadens its client base. Both firms are
headquartered in Toronto, Ontario.
Transaction Overview
Under the terms of the agreement, Treegrove has acquired 100% of the outstanding shares of
Sprung Investment Management Inc. Financial terms of the transaction were not disclosed. The
acquisition received all required regulatory approvals and has been completed effective April 30,
2026.
Strategic Rationale
The combination of Treegrove and Sprung brings together two respected Toronto-based
boutique investment management firms with complementary philosophies, capabilities, and
client relationships. The acquisition is expected to create immediate value for clients of both
firms through access to an expanded suite of investment strategies, enhanced research
capabilities, and a broader range of portfolio management solutions.
“This acquisition represents a defining milestone in Treegrove’s growth strategy,” said William
(Bill) Shaw, Chief Executive Officer of Treegrove Investment Management Inc. “Sprung
has built an outstanding reputation for delivering consistent, long-term investment results for its
clients. We are proud to welcome the Sprung team into the Treegrove family and look forward to
the value this partnership will create.”
Michael Sprung, Chief Executive Officer of Sprung Investment Management Inc., added:
“We are confident that Treegrove is the right partner to continue delivering the high-calibre
investment management services our clients have come to expect. This combination positions
both firms’ clients to benefit from greater resources, broader expertise, and the stability of a
larger, well-established organization.”
Client and Employee Continuity
Treegrove is committed to a seamless transition for all existing Sprung clients. Client accounts
will continue to be managed with the same dedication and value-driven investment discipline
that Sprung has provided since its founding in 2005. Sprung’s investment and client service
teams will be fully integrated into Treegrove’s operations, and clients should expect no
disruption to their current investment mandates or service relationships.
About Treegrove Investment Management Inc.
Founded in 2018 and based in Toronto, Ontario, Treegrove Investment Management Inc. is a
boutique wealth management firm dedicated to delivering superior, risk-adjusted returns for high
net worth individuals, charities, and foundations. With a disciplined, research-driven investment
approach and a commitment to transparency, Treegrove offers discretionary investment
management, financial planning, individual pension plans, and portfolio reviews. As a fully
independent, fee-based firm, Treegrove places clients’ interests first — always. For more
information, visit www.treegrove.ca
About Sprung Investment Management Inc.
Founded in 2005 and based in Toronto, Ontario, Sprung Investment Management Inc. is an
independent, partner-owned boutique investment management firm known for its disciplined
value investing approach. The firm builds and manages custom investment portfolios tailored to
the unique circumstances and long-term goals of high net worth individuals, foundations,
endowments, and not-for-profit organizations. All research and investment decision-making is
conducted in-house, with clients dealing directly with the firm’s principals. For more information,
visit www.sprunginvestment.com