Add-on Acquisition • Insurance

Navacord Acquires Ing & McKee

On June 10, 2021, Navacord acquired insurance company Ing & McKee

Acquisition Context
  • This is Navacord’s 6th transaction in the Insurance sector.
  • This is Navacord’s 8th transaction in Canada.
  • This is Navacord’s 2nd transaction in Alberta.

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M&A Deal Summary

Date June 10, 2021
Target Ing & McKee
Sector Insurance
Buyer(s) Navacord
Deal Type Add-on Acquisition

Target Company

Ing & McKee

Red Deer, Alberta, Canada
Ing & McKee is a provider of insurance for families and businesses. Our brokers work with top-rated insurance companies to find the best coverage to fit your needs and budget. Ing & McKee was founded in 1965 and is based in Red Deer, Alberta.
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Buyer Overview 1

Buyer

Navacord

Toronto, Ontario, Canada

Category Company
Founded 2014
Sector Insurance
DESCRIPTION

Navacord is a national insurance brokerage offering risk management and consulting solutions including property & casualty, employee benefits, loss control, claims management, surety and personal lines. Navacord was formed in 2014 and is headquartered in Toronto, Ontario.


Deal Context for Buyer #
Overall 8 of 24
Sector: Insurance 6 of 19
Type: Add-on Acquisition 7 of 23
State: Alberta 2 of 5
Country: Canada 8 of 24
Year: 2021 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-10 Navigo Financial

Oakville, Ontario, Canada

Navigo Financial brings together a boutique style of full-service plan management, and the extensive resources often associated with large firms, into a consultative approach designed to help our clients optimize talent and drive growth. Navigo Financial is based in Oakville, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 C&C Insurance

Komoka, Ontario, Canada

C&C Insurance specializes in the research, development, packaging, and marketing of niche insurance products. C&C Insurance was founded in 1982 and is based in Komoka, Ontario.

Buy -