M&A Deal Summary

FIRST Insurance Funding of Canada Acquires Policy Billing Services

On April 28, 2014, FIRST Insurance Funding of Canada acquired information technology company Policy Billing Services

Acquisition Highlights
  • This is FIRST Insurance Funding of Canada’s 1st transaction in the Information Technology sector.
  • This is FIRST Insurance Funding of Canada’s 1st transaction in Canada.
  • This is FIRST Insurance Funding of Canada’s 1st transaction in Ontario.

M&A Deal Summary

Date 2014-04-28
Target Policy Billing Services
Sector Information Technology
Buyer(s) FIRST Insurance Funding of Canada
Deal Type Add-on Acquisition

Target

Policy Billing Services

Mississauga, Ontario, Canada
Policy Billing Services, Inc. is a provider of cost effective payment services.

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Buyer(S) 1

Buyer

FIRST Insurance Funding of Canada

Toronto, Ontario, Canada

Category Company
Sector Financial Services
DESCRIPTION

FIRST Insurance Funding of Canada, Inc. helping their clients find easy payment solutions for their commercial insurance needs.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2014 M&A 1 of 1