BroadStreet buys into Canadian broker Westland in largest ever deal
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

BroadStreet buys into Canadian broker Westland in largest ever deal

Adam McNestrie, 
Jairo Ibarra
April 17, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
broad street mike o connor ma2jpg.jpg
BroadStreet CEO Michael O'Connor

Private intermediary BroadStreet Partners has taken a majority stake in Westland Insurance Group, Canada’s largest independent broker.

The investment comes two months after Inside P&C revealed that Westland was working with Evercore in a process to find an investor, with a potential valuation believed to be around $2bn.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsBrokersM&A
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article