Oxford Economics Acquires Alpine Macro for Global Expansion
Deal News | Jun 25, 2025 | Globenewswire
Oxford Economics, a globally renowned independent economic forecasting and advisory firm, has acquired a majority stake in Montreal-based investment research company Alpine Macro. Founded in 2017, Alpine Macro provides financial market forecasts and investment strategies to institutional clients in over 60 countries, gaining prominence for its bold investment ideas and contrarian forecasts. This acquisition merges the macroeconomic prowess of Oxford Economics with Alpine Macro's in-depth financial market expertise, aiming to deliver comprehensive advice to a broader range of asset managers, hedge funds, investment banks, and pension funds. Adrian Cooper, CEO of Oxford Economics, emphasized the strategic move would accelerate the company's global growth and enhance their service offerings, leveraging their robust modeling, geographical and sectoral knowledge, and precise economic forecasts. Alpine Macro's CEO Arun Kumar and Founder/Chief Global Strategist Chen Zhao also expressed their excitement, highlighting the potential for enhanced research capabilities and client experience using AI-driven platforms. Legal and financial advisory support was provided by firms Blake, Cassels & Graydon, Raymond James, and Fasken Martineau DuMoulin. Financial terms were not disclosed.
Sectors
- Financial Services
- Consulting Services
Geography
- United Kingdom – Oxford Economics is based in the UK, and the acquisition enhances its international presence.
- Canada – Alpine Macro, the acquired company, is based in Montreal, Quebec, Canada.
Industry
- Financial Services – The acquisition involves companies providing economic forecasting, investment strategies, and research services which are essential components of the financial services industry.
- Consulting Services – Oxford Economics and Alpine Macro, as providers of advisory and research services, fall under the consulting services sector.
Financials
- Not Disclosed – The financial terms of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Oxford Economics | Acquirer | Company | A leading independent economic forecasting and advisory firm globally. |
| Alpine Macro | Target | Company | A Montreal-based investment research firm recognized for its bold market analyses and forecasts. |
| Blake, Cassels & Graydon | Legal Advisor to Oxford Economics | Company | Provided legal advisory services in the acquisition. |
| Raymond James | Financial Advisor | Company | Acted as exclusive financial advisor to Oxford Economics. |
| Fasken Martineau DuMoulin | Legal Advisor to Alpine Macro | Company | Provided legal advisory services to Alpine Macro in the transaction. |