A year after the news that a top executive at BlackRock Inc. had died unexpectedly, the company has announced plans to expand its wealth management offerings to more than 1,000 cities and towns across the U.S. and Canada.

The move comes after Lexington, a leading U.K.-based wealth management firm, bought a 51 percent stake in BlackRock in a deal valued at $3.3 billion, a deal that BlackRock chief executive officer Peter Byrne called a “historic day.”

BlackRock will invest $300 million in new investment vehicles and asset management services in its new global network of wealth management businesses.

BlackRock is one of the biggest U.U.S.-based companies with assets worth more than $4 trillion.

It operates in over 200 countries, according to the company’s website, and manages $1.3 trillion in assets, including $750 billion in investments.

The investment in Lex is a significant expansion of the firm’s investments in the U, U.N. and U.P.

Byrne said the company is “proud to invest in the growth and sustainability of our communities.”

Blackrock is the largest private equity firm in the world and the largest U.R.O. employer in the country.

BlackRock has invested more than 3.5 billion pounds ($5.1 billion) in assets since 2005, according the company.

Blackrock said the investment will allow BlackRock to “enhance our investment management capabilities and bring new opportunities to cities, towns and businesses across the country.”

“BlackRock invests in communities and businesses with the highest potential for growth and success,” Byrne said in a statement.

“These new investments will help us achieve these goals and help our customers to achieve even greater returns.”

The deal was first reported by the Wall Street Journal.