M&A Deal Summary

Westland Insurance Acquires Reider Insurance

On December 7, 2021, Westland Insurance acquired insurance company Reider Insurance

Acquisition Highlights
  • This is Westland Insurance’s 20th transaction in the Insurance sector.
  • This is Westland Insurance’s 20th transaction in Canada.
  • This is Westland Insurance’s 3rd transaction in Manitoba.

M&A Deal Summary
Date 2021-12-07
Target Reider Insurance
Sector Insurance
Buyer(s) Westland Insurance
Deal Type Add-on Acquisition

Target

Reider Insurance

Winnipeg, Manitoba, Canada
Reider Insurance is an independent insurance broker, that provides a wide range of products and represent a large number of insurance companies. Reider Insurance was founded in 1966 and is based in Winnipeg, Manitoba.

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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 20 of 61
Sector (Insurance) 20 of 58
Type (Add-on Acquisition) 19 of 60
State (Manitoba) 3 of 6
Country (Canada) 20 of 61
Year (2021) 17 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Hook Lafrance

Regina, Saskatchewan, Canada

Hook Lafrance Insurance is a full-service general Insurance Brokerage offering a wide range of insurance products as well as Motor Licence Issuing services for Saskatchewan. Hook Lafrance Insurance was formed in 1984 and is based in Regina, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-03 Campbell Roy & Eldridge

Markham, Ontario, Canada

Campbell, Roy & Eldridge is a one-stop shop for all personal and business insurance needs. Campbell, Roy & Eldridge focus on providing clients with excellent insurance guidance and service. Campbell, Roy & Eldridge was founded in 1947 and is based in Markham, Ontario.

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