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  6. OnPoint Acquires Bounce

M&A Deal Summary

OnPoint Acquires Bounce

On August 5, 2021, OnPoint acquired distribution company Bounce from Walker Group

Acquisition Highlights
  • This is OnPoint’s 1st transaction in the Distribution sector.
  • This is OnPoint’s 1st transaction in Canada.
  • This is OnPoint’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2021-08-05
Target Bounce
Sector Distribution
Buyer(s) OnPoint
Sellers(s) Walker Group
Deal Type Divestiture

Target

Bounce

Vancouver, British Columbia, Canada
Bounce is a distributor of screen protection products. Bounce developed and sold extended warranty protection services for new and existing mobile devices. Bounce changed the game in the mobile handset protection market, enabling mobile users to select screen replacement coverage based on a consumer’s desired protection level and device value. Bounce was founded in 2019 and is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

OnPoint

Louisville, Kentucky, United States
Category Company
Sector Insurance
DESCRIPTION

OnPoint is a provider of warranty services, including underwriting, service contract, and extended warranty programs, home warranty, screen protection, logistics, and insurance. OnPoint is based in Louisville, Kentucky.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1

Seller(S) 1

SELLER

Walker Group

West Vancouver, British Columbia, Canada
Category Company
Founded 1968
Sector Business Services
DESCRIPTION

Walker Group offers the first aftermarket extended warranty program to Canadian customers. With divisions focused on customer service and ethics reporting solutions, we offer clients a multitude of solutions to support and augment their core product lines. Walker Group was founded in 1968 and is based in West Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Mergr

Product

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