Investment Summary

Co-Operators General Insurance Co. Invests In Geosapiens

On April 4, 2022, Co-Operators General Insurance Co. invested in business services company Geosapiens

Investment Highlights
  • This is Co-Operators General Insurance Co.’s 1st transaction in the Business Services sector.
  • This is Co-Operators General Insurance Co.’s 10th transaction in Canada.
  • This is Co-Operators General Insurance Co.’s 2nd transaction in Quebec.

Investment Summary

Date 2022-04-04
Target Geosapiens
Sector Business Services
Investor(s) Co-Operators General Insurance Co.
Deal Type Stake Purchase

Target

Geosapiens

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

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Investor(S) 1

Investor

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 STATS #
Overall 10 of 13
Sector: Business Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Quebec M&A 2 of 4
Country: Canada M&A 10 of 13
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-03 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 SEB

Mississauga, Ontario, Canada

SEB is an insurance broker and technology provider utilizing its fully integrated administration adjudication claims paying reporting software platform to provide “totally hosted PCI compliant modular solutions” for managing portions or all of the complete group benefits business processes between insurers, clients, brokers, consultants, technology service providers and healthcare service providers. SEB is based in Mississauga, Canada.

Buy $89M