Co-Operators General Insurance - M&A Summary and Business Overview

InsuranceCompany

Co-Operators General Insurance M&A Summary

Co-Operators General Insurance has acquired 12 companies, including 3 in the last 5 years. It has also divested 2 assets.

Co-Operators General Insurance’s largest acquisition to date was in 2023, when it acquired Smart Employee Benefits for $89M. It’s largest disclosed sale occurred in 2012, when it sold L Union Canadienne Compagnie d Assurances to RSA Insurance Group for $114M. The Company’s most targeted sectors include insurance (92%) and business services (9%).

Co-Operators General Insurance Business Overview

Where is Co-Operators General Insurance headquartered?

Co-Operators General Insurance is headquartered in Guelph,, Ontario.

How many employees does Co-Operators General Insurance have?

Co-Operators General Insurance has 2,382 employees.

What sector is Co-Operators General Insurance in?

Co-Operators General Insurance is an insurance company.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity12
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Co-Operators General Insurance Co.

Priory Square 130 Macdonell Street,
Guelph,, Ontario N1H 6P8
Canada,
(519) 824-4400
www.cooperators.ca

Co-Operators General Insurance Company is a Canadian owned and operated company with more than $38 billion in assets under administration. Company insure over two million people Canada-wide. Company are active corporate members of our communities, a catalyst for a sustainable society and a true home-grown champion with strong co-operative roots.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 9 - - 1 2 - 12
vol $89M $89M
Sell (0.2/yr) # 1 - - - - 1 2
vol $114M $114M
  14

Most Recent M&A

Company Date Value Type
Technicost 2024-01-09 - Divestiture
Laval, Quebec · www.technicost.com
Assurances Oligny, Inc. 2023-01-17 - Add-on Acquisition
Saint-Jean-sur-Richelieu, Quebec · www.assurancesoligny.ca
Smart Employee Benefits, Inc. 2023-01-03 89M USD Add-on Acquisition
Mississauga, Ontario · www.seb-inc.com
Geosapiens 2022-04-04 - Stake Purchase
Quebec, Quebec · www.geosapiens.ca
Robert Poirier & Associés, Courtier d'assurance Inc. 2018-10-03 - Add-on Acquisition
Gatineau, Quebec · www.assurancepoirier.com
Assurance Aubin Insurance Broker Ltd. 2016-11-01 - Add-on Acquisition
Hearst, Ontario · www.aubininsurance.com
Bando & Brown General Insurance, Inc. 2015-11-05 - Add-on Acquisition
London, Ontario · www.bandobrown.net
Browning Insurance Ltd. 2015-10-05 - Add-on Acquisition
Chatham, Ontario · www.browninginsurance.ca
Carleton Insurance Brokers Ltd. 2015-08-13 - Add-on Acquisition
Ottawa, Ontario · www.carletoninsurancebroker.ca
The Edge Benefits Inc. 2015-05-05 - Add-on Acquisition
Newmarket,, Ontario · www.edgebenefits.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 11 (92%) 89M (100%) 1 (50%) 114M (100%)
Business Services 1 (8%) - - -
Information Technology - - 1 (50%) -
Total 12 $89M 2 $114M

By Geo

State/Country Buy Value Sell Value
Canada 12 89M 2 114M
  Ontario 6 89M - -
  Quebec 3 - 2 114M
  British Columbia 2 - - -
  New Brunswick 1 - - -
Total 12 $89M 2 $114M

Top M&A Advisors

Financial Deals
TD Securities
1
Legal Deals
Fasken Martineau DuMoulin LLP
1

Deal Values

buy # Total
< $100M 1 $89M
TOTAL $89M
Largest Smart Employee Benefits, Inc.
$89M (2023-01-03)
sell # Total
$100M to $1B 1 $114M
TOTAL $114M
Largest L'Union Canadienne, Compagnie d'Assurances
$114M (2012-06-06)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

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