Speaking about McLeod Law's role, S. (Rishi) Chakraborty notes "Naim Ali and his family office sought our advice early into the transaction process. Transactions like these are transformative for families and go beyond the formulaic nature of corporate transactions. I am proud of the work our team did and the strategic advice and counsel we have provided and continue to provide to SM2 Holdings and its board of directors." 

Following the closing of the transaction, Mr. Naim Ali will be nominated as SM2 Holding's representative on the board of directors of The Western Investment Company of Canada Limited. SM2 Holdings will continue to retain one seat on the board of directors of Fortress Insurance Company.

Read the press release here.