Add-on Acquisition • Insurance

Co-Operators General Insurance Co. Acquires Assurance Robert Poirier

On October 3, 2018, Co-Operators General Insurance Co. acquired insurance company Assurance Robert Poirier

Acquisition Context
  • This is Co-Operators General Insurance Co.’s 9th transaction in the Insurance sector.
  • This is Co-Operators General Insurance Co.’s 9th transaction in Canada.
  • This is Co-Operators General Insurance Co.’s 1st transaction in Quebec.

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M&A Deal Summary

Date October 3, 2018
Target Assurance Robert Poirier
Sector Insurance
Buyer(s) Co-Operators General Insurance Co.
Deal Type Add-on Acquisition

Target Company

Assurance Robert Poirier

Gatineau, Quebec, Canada
Robert Poirier & Associés, Courtier d'assurance inc. (dba Assurance Robert Poirier) is an insurance brokerage based in Gatineau, Quebec. The brokerage's portfolio includes personal and commercial insurance policies.
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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 9 of 13
Sector: Insurance 9 of 12
Type: Add-on Acquisition 9 of 12
State: Quebec 1 of 4
Country: Canada 9 of 13
Year: 2018 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Geosapiens

Quebec, Quebec, Canada

Geosapiens is specializing in flood risk modelling and analysis. Geosapiens was founded in 2017 and is based in Quebec.

Buy -