M&A Deal Summary |
|
|---|---|
| Date | 2022-06-20 |
| Target | Crum & Forster |
| Sector | Insurance |
| Buyer(s) | JAB Holding Company |
| Sellers(s) | Fairfax |
| Deal Type | Divestiture |
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JAB Holding Company is a global investment firm focused on acquiring companies with premium consumer and strong growth prospects. JAB will consider both minority and majority stakes. JAB Holding Company is headquartered in Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 15 |
| Sector: Insurance M&A | 2 of 6 |
| Type: Divestiture M&A Deals | 2 of 3 |
| State: New Jersey M&A | 2 of 2 |
| Country: United States M&A | 8 of 11 |
| Year: 2022 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-20 |
Pethealth
Oakville, Ontario, Canada Pethealth is a provider of medical insurance for dogs and cats to pet owners, operating in the United States, Canada, and the United Kingdom. In addition, the Company is a provider of management software to North American animal welfare organizations through its SaaS-based application and is the leading provider of pet-related database management services to the North American companion animal industry. Pethealth is based in Oakville, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-06 |
Petplan
Amsterdam, Netherlands Petplan is a provider of pet insurance services. Petplan is based in Amsterdam, Netherlands. |
Buy | - |
Fairfax is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Fairfax’s corporate objective is to achieve a high rate of return on invested capital and build long-term shareholder value. Fairfax was founded in 1951 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Insurance M&A | 4 of 4 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-20 |
Pethealth
Oakville, Ontario, Canada Pethealth is a provider of medical insurance for dogs and cats to pet owners, operating in the United States, Canada, and the United Kingdom. In addition, the Company is a provider of management software to North American animal welfare organizations through its SaaS-based application and is the leading provider of pet-related database management services to the North American companion animal industry. Pethealth is based in Oakville, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-09-01 |
Recipe
Vaughan, Ontario, Canada Recipe is a provider of full service restaurants. Recipe was founded in 1883 and is based in Vaughan, Vaughan. |
Buy | CA$1.2B |