M&A Deal Summary

Westland Insurance Acquires Palmer Salmon Insurance

On November 3, 2022, Westland Insurance acquired insurance company Palmer Salmon Insurance

Acquisition Highlights
  • This is Westland Insurance’s 31st transaction in the Insurance sector.
  • This is Westland Insurance’s 33rd transaction in Canada.
  • This is Westland Insurance’s 6th transaction in Alberta.

M&A Deal Summary
Date 2022-11-03
Target Palmer Salmon Insurance
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Palmer Salmon Insurance

Calgary, Alberta, Canada
Palmer Salmon Insurance provides a full range of insurance services, based in Calgary, 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 33 of 61
Sector (Insurance) 31 of 58
Type (Add-on Acquisition) 32 of 60
State (Alberta) 6 of 14
Country (Canada) 33 of 61
Year (2022) 13 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Vachon Insurance Group

Etobicoke, Ontario, Canada

Vachon Insurance Group provides a full range of insurance services. Vachon Insurance Group was founded in 1963 and is based in Etobicoke, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Hyndman Insurance

Charlottetown, Prince Edward Island, Canada

Hyndman Insurance is a provider of a full range of insurance services. Hyndman Insurance was founded in 1872 and is based in Charlottetown, Prince Edward Island.

Buy -
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