M&A Deal Summary

Steadfast Acquires GWS Network Insurance Brokers Pty

On August 7, 2013, Steadfast acquired insurance company GWS Network Insurance Brokers Pty

Acquisition Highlights
  • This is Steadfast’s 14th transaction in the Insurance sector.
  • This is Steadfast’s 14th transaction in Australia.

M&A Deal Summary
Date 2013-08-07
Target GWS Network Insurance Brokers Pty
Sector Insurance
Buyer(s) Steadfast
Deal Type Add-on Acquisition

Target

GWS Network Insurance Brokers Pty

Richmond, Australia
GWS Network Insurance Brokers Pty Ltd is a provider of insurance, risk management consulting, and employee compensation solutions.

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Buyer(S) 1

Buyer

Steadfast

Sydney, Australia
Category Company
Founded 1996
Sector Insurance
Revenue 1.2B AUD (2024)
DESCRIPTION

Steadfast is a provider of services to a network of 316 insurance broker businesses across Australia and New Zealand. It operates as both a broker network and a consolidator through its equity interests in a number of insurance broker businesses. Steadfast was founded in 1996 and is based in Sydney, Australia.

DEAL STATS #
Overall 14 of 32
Sector (Insurance) 14 of 32
Type (Add-on Acquisition) 6 of 15
Country (Australia) 14 of 32
Year (2013) 12 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-07 National Credit Insurance Pty

Adelaide, Australia

National Credit Insurance (Brokers) Pty Ltd is an insurance broker and also provides credit insurance based in South Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-08 Southside Insurance Brokers Pty

Sutherland, Australia

Southside Insurance Brokers Pty Ltd is a licensed General Insurance Broking firm specialising in personal service for all your insurance needs.

Buy -
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