M&A Deal Summary

Westland Insurance Acquires Lambert Insurance

On August 4, 2021, Westland Insurance acquired insurance company Lambert Insurance

Acquisition Highlights
  • This is Westland Insurance’s 14th transaction in the Insurance sector.
  • This is Westland Insurance’s 14th transaction in Canada.
  • This is Westland Insurance’s 3rd transaction in British Columbia.

M&A Deal Summary
Date 2021-08-04
Target Lambert Insurance
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Lambert Insurance

Invermere, British Columbia, Canada
Lambert Insurance provides a full range of insurance services. Lambert Insurance was founded in 1985 and is based in Invermere, British Columbia.

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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 14 of 60
Sector (Insurance) 14 of 57
Type (Add-on Acquisition) 13 of 59
State (British Columbia) 3 of 8
Country (Canada) 14 of 60
Year (2021) 11 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 National Brokers

Vaughan, Ontario, Canada

National Brokers is an international broker of property and casualty insurance products and services. National Brokers was founded in 1998 and is based in Vaughan, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-15 Tredd Insurance Brokers

Toronto, Ontario, Canada

Tredd Insurance Brokers is a provider of insurance brokerage services, based in Toronto, Ontario.

Buy -
Mergr

Product

Company

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