M&A Deal Summary

Intact Acquires Equisure Financial Network

On March 1, 2001, Intact acquired insurance company Equisure Financial Network for 136M USD

Acquisition Highlights
  • This is Intact’s 1st transaction in the Insurance sector.
  • This is Intact’s 5th largest (disclosed) transaction.
  • This is Intact’s 1st transaction in Canada.
  • This is Intact’s 1st transaction in Ontario.

M&A Deal Summary

Date 2001-03-01
Target Equisure Financial Network
Sector Insurance
Buyer(s) Intact
Deal Type Add-on Acquisition
Deal Value 136M USD

Target

Equisure Financial Network

Toronto, Ontario, Canada
Equisure Financial Network, Inc. is a provider of insurance and financial service brokerage networks in Canada.

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Buyer(S) 1

Buyer

Intact

Toronto, Ontario, Canada

website


Category Company
Founded 1809
Sector Insurance
Employees26,000
Revenue 17.5B CAD (2021)
DESCRIPTION

Intact is a provider of property and casualty insurance in Canada with $7.3 billion in premiums. Intact was founded in 1809 and is based in Toronto, Canada.


DEAL STATS #
Overall 1 of 11
Sector (Insurance) 1 of 11
Type (Add-on Acquisition) 1 of 8
State (Ontario) 1 of 5
Country (Canada) 1 of 8
Year (2001) 1 of 1
Size (of disclosed) 5 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-03 Grey Power Insurance Brokers

Stouffville, Ontario, Canada

Grey Power Insurance Brokers, Inc. is a provider of home, automobile and travel insurance needs of those 50 years of age and older.

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