M&A Deal Summary

Westland Insurance Acquires Assurance Belliveau

On August 3, 2023, Westland Insurance acquired insurance company Assurance Belliveau

Acquisition Highlights
  • This is Westland Insurance’s 47th transaction in the Insurance sector.
  • This is Westland Insurance’s 50th transaction in Canada.
  • This is Westland Insurance’s 1st transaction in New Brunswick.

M&A Deal Summary
Date 2023-08-03
Target Assurance Belliveau
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Assurance Belliveau

Dieppe, New Brunswick, Canada
Assurance Belliveau provides a full range of insurance services. Assurance Belliveau was founded in 1971 and is based in Dieppe, New Brunswick.

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Buyer(S) 1

Buyer

Westland Insurance

Surrey, British Columbia, Canada
Category Company
Founded 1980
Sector Insurance
DESCRIPTION

Westland Insurance is an innovator, engages in personal and commercial insurance products. Westland Insurance was founded in 1980 and is based in Surrey, British Columbia.

DEAL STATS #
Overall 50 of 60
Sector (Insurance) 47 of 57
Type (Add-on Acquisition) 49 of 59
State (New Brunswick) 1 of 1
Country (Canada) 50 of 60
Year (2023) 15 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-03 Hubbard Insurance

Mississauga, Ontario, Canada

Hubbard Insurance provides group benefits, life insurance, and group disability. Hubbard Insurance was founded in 1987 and is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Insurance Matters

Kelvington, Saskatchewan, Canada

Insurance Matters provides residential, commercial, farm, and auto insurance services with four locations throughout Saskatchewan in Wadena, Kelvington, Wynyard, and Invermay.

Buy -
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