Desmarais-Backed Mortgage Firm Nesto Acquires Lender CMLS

By Yahoo! Finance | Jun 21, 2024 at 04:03 PM EST

Nesto Inc., a Canadian online mortgage company, acquired real estate financier CMLS Group, expanding its mortgage portfolio to over C$60 billion. The deal was supported by investments from various entities, including Diagram Ventures and National Bank of Canada.

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