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M&A Deal Summary

Mouvement des caisses Desjardins - Desjardins Group Acquires ICPEI

On December 9, 2022, Mouvement des caisses Desjardins - Desjardins Group acquired insurance company ICPEI

Acquisition Highlights
  • This is Mouvement des caisses Desjardins - Desjardins Group’s 1st transaction in the Insurance sector.
  • This is Mouvement des caisses Desjardins - Desjardins Group’s 1st transaction in Canada.
  • This is Mouvement des caisses Desjardins - Desjardins Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-12-09
Target ICPEI
Sector Insurance
Buyer(s) Mouvement des caisses Desjardins - Desjardins Group
Deal Type Add-on Acquisition

Target

ICPEI

Mississauga, Ontario, Canada
ICPEI is a specialty property and casualty insurance company operating in Canada and Europe. The company focuses on non-standard automobile insurance and other specialty insurance lines. ICPEI was founded in 1997 and is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

Mouvement des caisses Desjardins - Desjardins Group

Lévis,, Quebec, Canada
Category Company
Sector Financial Services
DESCRIPTION

Mouvement des caisses Desjardins - Desjardins Group is a cooperative financial group in Canada offers a full range of products and services to individuals and businesses through its extensive distribution network, online platforms and subsidiaries across Canada.

DEAL STATS #
Overall 1 of 1
Sector: Insurance 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: 2022 M&A 1 of 1
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