Add-on Acquisition • Insurance

Westland Insurance Acquires Loewen Agencies

On March 6, 2025, Westland Insurance acquired insurance company Loewen Agencies

Acquisition Context
  • This is Westland Insurance’s 59th transaction in the Insurance sector.
  • This is Westland Insurance’s 62nd transaction in Canada.
  • This is Westland Insurance’s 8th transaction in Saskatchewan.

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M&A Deal Summary

Date March 6, 2025
Target Loewen Agencies
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target Company

Loewen Agencies

Radville, Saskatchewan, Canada
Loewen Agencies serves the Radville, Ceylon, and Minton communities with coverage for properties, vehicles, businesses, and farm insurance. Loewen Agencies was formed in 1947 and is headquartered in Radville, Saskatchewan.
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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 62 of 67
Sector: Insurance 59 of 64
Type: Add-on Acquisition 61 of 66
State: Saskatchewan 8 of 8
Country: Canada 62 of 67
Year: 2025 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-07 Mitchell Sandham Pastor Insurance

Mississauga, Ontario, Canada

Mitchell Sandham Pastor Insurance is an independent brokerage that offers expert coverage advice for home, auto, life & benefits, and all lines of business insurance needs. Mitchell Sandham Pastor Insurance was formed in 1957 and is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-07 Sagium Health Strategies

Calgary, Alberta, Canada

Sagium Health Strategies is specializes in providing employee benefits and private healthcare solutions tailored to the needs of individuals and small to mid-sized companies. Sagium Health Strategies was founded in 2015 and is based in Calgary, Alberta.

Buy -