M&A Deal Summary

Westland Insurance Acquires Tredd Insurance Brokers

On September 15, 2021, Westland Insurance acquired insurance company Tredd Insurance Brokers

Acquisition Highlights
  • This is Westland Insurance’s 15th transaction in the Insurance sector.
  • This is Westland Insurance’s 15th transaction in Canada.
  • This is Westland Insurance’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2021-09-15
Target Tredd Insurance Brokers
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition
Advisor(s) Dowling & Hales (Financial)

Target

Tredd Insurance Brokers

Toronto, Ontario, Canada
website
Tredd Insurance Brokers is a provider of insurance brokerage services, based in Toronto, Ontario.

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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 15 of 54
Sector (Insurance) 15 of 51
Type (Add-on Acquisition) 14 of 53
State (Ontario) 3 of 19
Country (Canada) 15 of 54
Year (2021) 12 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Lambert Insurance

Invermere, British Columbia, Canada

Lambert Insurance provides a full range of insurance services. Lambert Insurance was founded in 1985 and is based in Invermere, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Insurance Unlimited

Mississauga, Ontario, Canada

Insurance Unlimited provides a full range of personal and commercial insurance services, based in Mississauga, Ontario.

Buy -
Mergr

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