Guggenheim Partners LLC, a Chicago financial services company, said it has agreed to buy Claymore Group Inc., an investment products provider based in Lisle, Ill.
Claymore would become an indirect wholly owned subsidiary of Guggenheim. The deal was announced Wednesday and is expected to close at the end of the third quarter. The price was not disclosed.
As of June 30, Claymore was the 13th-largest provider of exchange-traded funds. It had 35 ETFs and $1.6 billion of assets under management, according to the National Stock Exchange.