Announced
Completed
Financials
Sources
Tags
Canada
Majority
Cross Border
insurance broker
Single Bidder
Friendly
Acquisition
Private
Insurance Brokers
Completed
Synopsis
NFP, a insurance broker and consultant that provides business and personal insurance, group benefits, retirement, and individual solutions, completed the acquisition of Foster Park Brokers, a insurance broker. Financial terms were not disclosed. “We’ve been working to identify the right partner to expand into Western Canada and we’ve found that partner in Foster Park. Their excellent reputation, relationships and results across the region will accelerate our growth across Canada. In addition, Foster Park’s significant investments in industry-leading proprietary technology platforms that support long-term customer relationships will bring additional value to NFP’s clients in Canada," John Haas, NFP President.
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