M&A Deal Summary

Navacord Acquires Harbord Insurance

On October 3, 2023, Navacord acquired insurance company Harbord Insurance

Acquisition Highlights
  • This is Navacord’s 19th transaction in the Insurance sector.
  • This is Navacord’s 24th transaction in Canada.
  • This is Navacord’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2023-10-03
Target Harbord Insurance
Sector Insurance
Buyer(s) Navacord
Deal Type Add-on Acquisition

Target

Harbord Insurance

Victoria, British Columbia, Canada
Harbord Insurance provides a full range of insurance products. Harbord Insurance was founded in 1947 and is based in Victoria, British Columbia.

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Buyer(S) 1

Buyer

Navacord

Toronto, Ontario, Canada
Category Company
Sector Insurance
DESCRIPTION

Navacord is a national insurance brokerage offering risk management and consulting solutions including property & casualty, employee benefits, loss control, claims management, surety and personal lines. Navacord was formed in 2014 and is headquartered in Toronto, Ontario.

DEAL STATS #
Overall 24 of 24
Sector (Insurance) 19 of 19
Type (Add-on Acquisition) 23 of 23
State (British Columbia) 1 of 1
Country (Canada) 24 of 24
Year (2023) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-31 Medi-Quote

Winnipeg, Manitoba, Canada

Medi-Quote specializes in travel and medical insurance, with a large portion of its business focused on individual health and dental coverage as well. Medi-Quote was formed in 1994 and is based in Winnipeg, Manitoba.

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