Blackstone Credit completed the investment in Westland Insurance.

Blackstone Credit, a credit-focused asset manager, completed the investment in Westland Insurance, an independent insurance brokerage. Financial terms were not disclosed. “We are very excited to be partnering with Blackstone Credit. Through this partnership, we are extremely well-positioned to accelerate our organic and inorganic growth strategy and to accomplish our goal of becoming Canada’s leading insurance brokerage. The Blackstone partnership allows us to continue investing in our employees, communities, and product offerings while remaining a family-owned, independent, and proudly Canadian company," Jamie Lyons, Westland Insurance President & Chief Operating Officer.