M&A Deal Summary

Westland Insurance Acquires Excel Lloydminster

On July 3, 2024, Westland Insurance acquired insurance company Excel Lloydminster

Acquisition Highlights
  • This is Westland Insurance’s 55th transaction in the Insurance sector.
  • This is Westland Insurance’s 58th transaction in Canada.
  • This is Westland Insurance’s 12th transaction in Alberta.

M&A Deal Summary
Date 2024-07-03
Target Excel Lloydminster
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Excel Lloydminster

Lloydminster, Alberta, Canada
Excel Lloydminster is a property and casualty brokerage, based in Lloydminster, 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 58 of 61
Sector (Insurance) 55 of 58
Type (Add-on Acquisition) 57 of 60
State (Alberta) 12 of 14
Country (Canada) 58 of 61
Year (2024) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 M. Butler Insurance

Niagara Falls, Ontario, Canada

M. Butler Insurance is an independent, full-service P&C brokerage, based in Niagara Falls, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Alberta Best Insurance

Beaumont, Alberta, Canada

Alberta Best Insurance is a property and casualty brokerage that helps clients find the insurance solutions that best suit their needs. Alberta Best Insurance is based in Beaumont, Alberta.

Buy -
Mergr

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