M&A Deal Summary

Burns & Wilcox Canada Acquires AVEC Insurance Managers

On January 13, 2015, Burns & Wilcox Canada acquired insurance company AVEC Insurance Managers

Acquisition Highlights
  • This is Burns & Wilcox Canada’s 1st transaction in the Insurance sector.
  • This is Burns & Wilcox Canada’s 1st transaction in Canada.
  • This is Burns & Wilcox Canada’s 1st transaction in Ontario.

M&A Deal Summary
Date 2015-01-13
Target AVEC Insurance Managers
Sector Insurance
Buyer(s) Burns & Wilcox Canada
Deal Type Add-on Acquisition

Target

AVEC Insurance Managers

Toronto, Ontario, Canada
AVEC Insurance Managers is a provider of underwriting and claims services . The company has expanded into western Canada to support the region’s growing marine and energy industries.

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Buyer(S) 1

Buyer

Burns & Wilcox Canada

Toronto,, Ontario, Canada
Category Company
Founded 1969
Sector Insurance
DESCRIPTION

Burns & Wilcox Canada, Inc. operates as a wholesale insurance broker and underwriting manager in North America.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
Mergr

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