M&A Deal Summary

Westland Insurance Acquires Gateway Insurance Group

On December 8, 2022, Westland Insurance acquired insurance company Gateway Insurance Group

Acquisition Highlights
  • This is Westland Insurance’s 33rd transaction in the Insurance sector.
  • This is Westland Insurance’s 35th transaction in Canada.
  • This is Westland Insurance’s 1st transaction in Nova Scotia.

M&A Deal Summary
Date 2022-12-08
Target Gateway Insurance Group
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Gateway Insurance Group

Halifax, Nova Scotia, Canada
website
Gateway Insurance Group is an operator of an insurance company, bringing detailed risk assessment and tailored coverage to thousands of residential and commercial customers every year. Gateway Insurance Group is based in Halifax, Nova Scotia.

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Buyer(S) 1

Buyer

Westland Insurance

Surrey, British Columbia, Canada

website

Category Company
Founded 1980
Sector Insurance
DESCRIPTION

Westland Insurance is an innovator, engages in personal and commercial insurance products. Westland Insurance was founded in 1980 and is based in Surrey, British Columbia.

DEAL STATS #
Overall 35 of 54
Sector (Insurance) 33 of 51
Type (Add-on Acquisition) 34 of 53
State (Nova Scotia) 1 of 1
Country (Canada) 35 of 54
Year (2022) 15 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Hyndman Insurance

Charlottetown, Prince Edward Island, Canada

Hyndman Insurance is a provider of a full range of insurance services. Hyndman Insurance was founded in 1872 and is based in Charlottetown, Prince Edward Island.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Assurances R. Legault

Montreal, Quebec, Canada

Assurances R. Legault provides insurance brokerage, offering services to their business and personal clients in both French and English. Assurances R. Legault was founded in 1980 and is based in Montreal, Quebec.

Buy -
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