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New Deal


Announced

Completed

NFP completed the acquisition of Foster Park Brokers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Majority

Cross Border

insurance broker

Single Bidder

Friendly

Acquisition

Private

Insurance Brokers

Completed

Synopsis

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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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