Acquiring Company
National Bank of Canada
Acquired Company
Embark Student
Description
National Bank of Canada agreed on November 6, 2026, to acquire Embark Student Corp. for an estimated 226 million dollars, subject to court and regulatory approvals. The deal is structured as a plan of arrangement, with closing expected by mid-fiscal 2027. The acquisition expands National Bank's reach in Ontario and Western Canada and supports its digital-led strategy.
Quick answer
National Bank of Canada is acquiring Embark Student, announced November 6, 2026. National Bank of Canada is based in Montreal, Quebec, Canada.
- How much did National Bank of Canada pay for Embark Student?
- The deal value was not disclosed.
- What does National Bank of Canada do?
- National Bank of Canada is one of the country’s leading integrated financial groups.
- Where are National Bank of Canada and Embark Student based?
- National Bank of Canada is based in Montreal, Quebec, Canada. Embark Student is based in Canada.
- Who are the decision-makers at National Bank of Canada?
- Fundz holds 3 contacts at National Bank of Canada. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- JPMorgan Chase to acquire Bear Stearns for $2/share (October 10, 2026)
- Fairstone acquires Foundation Financial Planning (October 7, 2026)
Who to call at National Bank of Canada, and when
When National Bank of Canada changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day National Bank of Canada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at National Bank of Canada, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Embark Student?
Embark Student was acquired by National Bank of Canada, based in Montreal. The deal was reported on November 6, 2026. National Bank of Canada is one of the country’s leading integrated financial groups. With over $454 billion in total assets, it offers comprehensive financial services to millions of clients in Canada and abroad. National Bank of Canada is privately held and operates in Financial Services.
When did National Bank of Canada acquire Embark Student?
National Bank of Canada's acquisition of Embark Student was reported on November 6, 2026. National Bank of Canada agreed on November 6, 2026, to acquire Embark Student Corp. for an estimated 226 million dollars, subject to court and regulatory approvals. The deal is structured as a plan of arrangement, with closing expected by mid-fiscal 2027. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Embark Student do?
Embark Student Corp. is a digital education-savings platform. It manages Registered Education Savings Plans for approximately 436,000 beneficiaries with more than 6 billion dollars in assets under management. It is privately held, operating in Education, and is based in Canada.
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