Clairvest Sponsors Merger and Recapitalization of Rogers Insurance and CapriCMW to Form Acera Insurance

September 21, 2022

Clairvest Group Inc. (through its fund CEP VI) made a C$100 million minority equity investment to support the merger and recapitalization of Alberta-based Rogers Insurance and British Columbia-based CapriCMW, creating Acera Insurance Services Ltd. The investment will keep the business independent and employee-owned while providing capital to invest in people, technology and future acquisitions to grow the new national insurance brokerage platform.

Buyers
Clairvest Group Inc., Clairvest Equity Partners VI (CEP VI)
Targets
Rogers Insurance Ltd., CapriCMW Insurance Services Ltd., Acera Insurance Services Ltd.
Industry
Insurance
Location
Canada
Transaction Type
Recapitalization

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