Jemekk acquired

Front Street Capital Inc. has entered an agreement to purchase Jemekk Capital Management Inc. (Both firms are based in Toronto.) Jemekk is a private asset-management firm that serves high net-worth, family office and institutional clients. Front Street has more than $1.5 billion in assets under management and manages mutual funds and flow-through limited partnerships. The agreement is subject to regulatory approval and is expected to close this month.

(fcollie@investmentexecutive.com).