Hi there,
It doesn't really impact our view on the company as we remain bullish on EQB. The company already announced this acquisition (back in October) and the recent announcement was just that it had closed. The deal is expected to be immediately accretive to earnings (within 1 year) which means that it will contribute positively to the company pretty much right away.
For context, it was a relatively small acquisition. It adds $5B to AUM, which is approximately 4.5% of the company's talk AUM ($111B) and 2,000 customers to complement EQB's current customer base of 578,000.
So while it is a nice tuck-in acquisition, it won't have a material impact on the company or the investment thesis.
Mat