M&A Deal Summary

Westland Insurance Acquires Dick Agencies Insurance Brokers

On March 3, 2021, Westland Insurance acquired insurance company Dick Agencies Insurance Brokers

Acquisition Highlights
  • This is Westland Insurance’s 4th transaction in the Insurance sector.
  • This is Westland Insurance’s 4th transaction in Canada.
  • This is Westland Insurance’s 1st transaction in Manitoba.

M&A Deal Summary

Date 2021-03-03
Target Dick Agencies Insurance Brokers
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Dick Agencies Insurance Brokers

Brandon, Manitoba, Canada
Dick Agencies Insurance Brokers is an independent insurance broker. Dick Agencies Insurance Brokers was founded in 1948 and is based in Brandon, Manitoba.

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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 4 of 61
Sector (Insurance) 4 of 58
Type (Add-on Acquisition) 3 of 60
State (Manitoba) 1 of 6
Country (Canada) 4 of 61
Year (2021) 1 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 First West Insurance Services

Langley, British Columbia, Canada

First West Insurance Services provides personal, auto and business insurance in British Columbia under three regional divisions: Envision Insurance in the Lower Mainland, Valley First Insurance in the Okanagan, Similkameen and Thompson valleys and Island Savings Insurance on Vancouver Island and the Gulf Islands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 MBS Insurance Brokers

Edmonton, Alberta, Canada

MBS Insurance Brokers is a provider of a full range of auto, home & property, commercial, recreational vehicle, and group insurance services. MBS Insurance Brokers was founded in 1969 and is based in Edmonton, Alberta.

Buy -