M&A Deal Summary

Westland Insurance Acquires Canadian Special Risks

On June 5, 2024, Westland Insurance acquired insurance company Canadian Special Risks

Acquisition Highlights
  • This is Westland Insurance’s 53rd transaction in the Insurance sector.
  • This is Westland Insurance’s 56th transaction in Canada.
  • This is Westland Insurance’s 11th transaction in Alberta.

M&A Deal Summary

Date 2024-06-05
Target Canadian Special Risks
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Canadian Special Risks

Athabasca, Alberta, Canada
Canadian Special Risks is a commercial brokerage specializing in commercial welding programs. Canadian Special Risks is based in Athabasca, Alberta.

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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 56 of 61
Sector (Insurance) 53 of 58
Type (Add-on Acquisition) 55 of 60
State (Alberta) 11 of 14
Country (Canada) 56 of 61
Year (2024) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-06 Dupuis Langen Group

Richmond, British Columbia, Canada

Dupuis Langen Group specializes in providing employee benefits solutions, servicing a diverse clientele spanning non-profit organizations and private companies, with a specialization in the community social services sector and unionized employers. Dupuis Langen Group was founded in 1985 and is based in Richmond, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 Excel Lloydminster

Lloydminster, Alberta, Canada

Excel Lloydminster is a property and casualty brokerage, based in Lloydminster, Alberta.

Buy -