Add-on Acquisition • Insurance

Co-Operators General Insurance Co. Acquires Bando & Brown General Insurance

On November 5, 2015, Co-Operators General Insurance Co. acquired insurance company Bando & Brown General Insurance

Acquisition Context
  • This is Co-Operators General Insurance Co.’s 7th transaction in the Insurance sector.
  • This is Co-Operators General Insurance Co.’s 7th transaction in Canada.
  • This is Co-Operators General Insurance Co.’s 4th transaction in Ontario.

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M&A Deal Summary

Date November 5, 2015
Target Bando & Brown General Insurance
Sector Insurance
Buyer(s) Co-Operators General Insurance Co.
Deal Type Add-on Acquisition

Target Company

Bando & Brown General Insurance

London, Ontario, Canada
Bando & Brown General Insurance, Inc. is a provider of personal and commercial insurance services. Bando & Brown General Insurance, Inc. was established in 2001 and is headquartered in London, Ontario.
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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 7 of 13
Sector: Insurance 7 of 12
Type: Add-on Acquisition 7 of 12
State: Ontario 4 of 6
Country: Canada 7 of 13
Year: 2015 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 Browning Insurance

Chatham, Ontario, Canada

Browning Insurance Ltd. is a full service insurance group offering a wide range of personal and commercial lines products. Browning Insurance Ltd. was established in 2008 and is headquartered in Chatham, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Assurance Aubin Insurance Broker

Hearst, Ontario, Canada

Assurance Aubin Insurance Broker Ltd. is a provider of personal and commercial insurance services. Assurance Aubin Insurance Broker Ltd. was established in 1959 and is headquartered in Hearst, Ontario.

Buy -