Add-on Acquisition • Insurance

Co-Operators General Insurance Co. Acquires Assurances Montcalm

On September 3, 2025, Co-Operators General Insurance Co. acquired insurance company Assurances Montcalm

Acquisition Context
  • This is Co-Operators General Insurance Co.’s 12th transaction in the Insurance sector.
  • This is Co-Operators General Insurance Co.’s 13th transaction in Canada.
  • This is Co-Operators General Insurance Co.’s 4th transaction in Quebec.

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M&A Deal Summary

Date September 3, 2025
Target Assurances Montcalm
Sector Insurance
Buyer(s) Co-Operators General Insurance Co.
Deal Type Add-on Acquisition

Target Company

Assurances Montcalm

Quebec, Quebec, Canada
Assurances Montcalm is a property and casualty insurance brokerage that manages approximately 3,000 home, auto, and commercial insurance policies for clients in the region. Assurances Montcalm was founded in 1962 and is based in Quebec, Quebec.
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Buyer Overview 1

Buyer

Co-Operators General Insurance Co.

Guelph,, Ontario, Canada

Category Company
Sector Insurance
Employees2,382
DESCRIPTION

Co-Operators General Insurance Company is a Canadian owned and operated company with more than $38 billion in assets under administration. Company insure over two million people Canada-wide. Company are active corporate members of our communities, a catalyst for a sustainable society and a true home-grown champion with strong co-operative roots.


Deal Context for Buyer #
Overall 13 of 13
Sector: Insurance 12 of 12
Type: Add-on Acquisition 12 of 12
State: Quebec 4 of 4
Country: Canada 13 of 13
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-09 Technicost

Laval, Quebec, Canada

Technicost is a technology company that offers unmatched service, unprecedented support, and innovative software solutions. It provides credit software to more than 40 Canadian financial institutions and cooperatives across Canada - including the core TechLOS loan origination system (LOS) solutions – in use at credit unions across the country. Technicost was formed in 1982 and is based in Laval, Quebec.

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