M&A Deal Summary

Steadfast Acquires Wagland Salter & Associates Pty

On August 1, 2013, Steadfast acquired insurance company Wagland Salter & Associates Pty

Acquisition Highlights
  • This is Steadfast’s 9th transaction in the Insurance sector.
  • This is Steadfast’s 9th transaction in Australia.

M&A Deal Summary

Date 2013-08-01
Target Wagland Salter & Associates Pty
Sector Insurance
Buyer(s) Steadfast
Deal Type Add-on Acquisition

Target

Wagland Salter & Associates Pty

Australia
Wagland Salter & Associates Pty Ltd is a provider of various insurance services and products.

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Buyer(S) 1

Buyer

Steadfast

Sydney, Australia

Category Company
Founded 1996
Sector Insurance
Revenue 1.3B AUD (2025)
DESCRIPTION

Steadfast is a provider of services to a network of 316 insurance broker businesses across Australia and New Zealand. Steadfast 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 9 of 32
Sector: Insurance M&A 9 of 32
Type: Add-on Acquisition M&A Deals 2 of 15
Country: Australia M&A 9 of 32
Year: 2013 M&A 7 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-02 Webmere Pty

Southbank, Australia

Northern City Insurance Brokers, is a provider of various insurance brokerage services.

Buy -
FOLLOWING 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 -