M&A Deal Summary

StoneRidge Insurance Brokers Acquires Seymour Fair Insurance

On January 8, 2024, StoneRidge Insurance Brokers acquired insurance company Seymour Fair Insurance

Acquisition Highlights
  • This is StoneRidge Insurance Brokers’ 4th transaction in the Insurance sector.
  • This is StoneRidge Insurance Brokers’ 4th transaction in Canada.
  • This is StoneRidge Insurance Brokers’ 4th transaction in Ontario.

M&A Deal Summary

Date 2024-01-08
Target Seymour Fair Insurance
Sector Insurance
Buyer(s) StoneRidge Insurance Brokers
Deal Type Add-on Acquisition

Target

Seymour Fair Insurance

St. Catharines, Ontario, Canada
Seymour Fair Insurance is a full-service insurance brokerage operating in Ontario. Seymour Fair Insurance was formed in 2008 and is based in St. Catharines, Ontario.

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Buyer(S) 1

Buyer

StoneRidge Insurance Brokers

Ancaster, Ontario, Canada

Category Company
Founded 1945
Sector Insurance
DESCRIPTION

StoneRidge Insurance Brokers is an insurance brokerage and managing general agent focused on commercial and specialty personal insurance lines. StoneRidge Insurance Brokers was founded in 1945 and is based in Ancaster, Ontario.


DEAL STATS #
Overall 4 of 5
Sector (Insurance) 4 of 5
Type (Add-on Acquisition) 4 of 5
State (Ontario) 4 of 4
Country (Canada) 4 of 5
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-28 Safeway

Richmond Hill, Ontario, Canada

Safeway specializes in providing the consumer with a large selection of property casualty insurance products along with a variety of financial products such as life insurance and investment options. Safeway was formed in 1966 and is based in Richmond Hill, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 Astro Insurance

Lethbridge, Alberta, Canada

Astro Insurance provides comprehensive insurance & registry services. Astro Insurance is based in Lethbridge, Alberta.

Buy -