Announced
Completed
Financials
Sources
Tags
Completed
Friendly
Acquisition
legal services
Single Bidder
Canada
Majority
Cross Border
Private
Management Consulting
Synopsis
ARAG Group, a legal expenses insurance provider, completed the acquisition of DAS Legal Protection, a provider of legal services committed to creating access to justice for Canadians, from ERGO, an insurance company. Financial terms were not disclosed. "With this acquisition, we are striving to expand and strengthen our existing operations in Canada. The Canadian LEI market offers promising opportunities with sound growth potential. Thus, ARAG advances its successful international expansion strategy. With the DAS sales network and experienced team, we are complementing our current Canadian activities. It will also allow us to leverage synergies, accelerate growth as well as support economies of scale and scope," Renko Dirksen, ARAG Speaker of the Management Board.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.