Add-on Acquisition • Insurance

Westland Insurance Acquires PAIB

On August 11, 2025, Westland Insurance acquired insurance company PAIB

Acquisition Context
  • This is Westland Insurance’s 63rd transaction in the Insurance sector.
  • This is Westland Insurance’s 66th transaction in Canada.
  • This is Westland Insurance’s 22nd transaction in Ontario.

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M&A Deal Summary

Date August 11, 2025
Target PAIB
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target Company

PAIB

Cochrane, Ontario, Canada
PAIB offers a wide range of services, including auto, home, business, cottage, and leisure insurance. PAIB was founded in 1975 and is based in Cochrane, Ontario.
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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 66 of 67
Sector: Insurance 63 of 64
Type: Add-on Acquisition 65 of 66
State: Ontario 22 of 22
Country: Canada 66 of 67
Year: 2025 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-08 Forefront Insurance

Brooks, Alberta, Canada

Forefront Insurance provides personalized and specialized insurance solutions. Forefront Insurance was formed in 2015 and is headquartered in Brooks, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-06 Beneficial Insurance Solutions

Calgary, Alberta, Canada

Beneficial Insurance Solutions provides a full suite of insurance services, including personal, commercial, life, and benefits insurance solutions. Beneficial Insurance Solutions was formed in 1989 and is headquartered in Calgary, Alberta.

Buy -