M&A Deal Summary

Westland Insurance Acquires Insurance Matters

On September 6, 2023, Westland Insurance acquired insurance company Insurance Matters

Acquisition Highlights
  • This is Westland Insurance’s 48th transaction in the Insurance sector.
  • This is Westland Insurance’s 51st transaction in Canada.
  • This is Westland Insurance’s 7th transaction in Saskatchewan.

M&A Deal Summary
Date 2023-09-06
Target Insurance Matters
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

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.

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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 51 of 61
Sector (Insurance) 48 of 58
Type (Add-on Acquisition) 50 of 60
State (Saskatchewan) 7 of 7
Country (Canada) 51 of 61
Year (2023) 16 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
2023-11-08 Prime Benefits Group

Ottawa, Ontario, Canada

Prime Benefits Group is a provider of employee benefits and retirement solutions. The company simplifies what's complex about custom-designed employee benefits and insurance solutions. Prime Benefits Group is based in Ottawa, Ontario.

Buy -
Mergr

Product

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