Add-on Acquisition • Insurance

Westland Insurance Acquires Lambert Insurance

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date August 4, 2021
Target Lambert Insurance
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 14 of 67
Sector: Insurance 14 of 64
Type: Add-on Acquisition 13 of 66
State: British Columbia 3 of 9
Country: Canada 14 of 67
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 -