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M&A Deal Summary

Hub Financial Acquires BridgeForce

On February 2, 2023, Hub Financial acquired financial services company BridgeForce

Acquisition Highlights
  • This is Hub Financial’s 1st transaction in the Financial Services sector.
  • This is Hub Financial’s 8th transaction in Canada.
  • This is Hub Financial’s 4th transaction in Ontario.

M&A Deal Summary
Date 2023-02-02
Target BridgeForce
Sector Financial Services
Buyer(s) Hub Financial
Deal Type Add-on Acquisition

Target

BridgeForce

Richmond Hill, Ontario, Canada
BridgeForce is a Canadian owned and operated MGAs. BridgeForce have a wide portfolio of insurance suppliers. From marketing and prospecting, through to policy issue and policy owner service, BridgeForce can provide support that can help grow business. BridgeForce was founded in 1996 and is based in Richmond Hill, Ontario.

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Buyer(S) 1

Buyer

Hub Financial

Woodbridge, Ontario, Canada
Category Company
Sector Insurance
DESCRIPTION

Hub Financial Inc, is engaged in managing general agency for independent life insurance agents and general agents in Canada.

DEAL STATS #
Overall 8 of 8
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 8
State: Ontario M&A 4 of 4
Country: Canada M&A 8 of 8
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-06 Cortex Financial

Thornhill,, Ontario, Canada

Cortex Financial Inc. is an managing general agency. It offers retirement and estate planning insurance, registered plans insurance, travel coverage insurance, and cancer insurance.

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