Based in Toronto, Canada, TD Securities is an investment banking firm that provides a wide array of capital market products and services to government and institutional clients. Established in 1987, the firm provides services in the areas of mergers and acquisitions, debt capital markets, corporate divestitures, private placements, risk management, securities brokerage, recapitalizations, restructurings, and bridge and acquisition financing. The firm caters to communications, media, and technology, diversified industries, financial institutions, and sponsors, energy, and power, mining, paper, and forest products, and real estate industries.