StoneRidge Insurance Brokers (SIB) Acquires Deerborne Insurance Inc.
October 4, 2022
SIB Corp., operating as StoneRidge Insurance Brokers and a portfolio company of CIVC Partners, has acquired Deerborne Insurance Inc., a full-service brokerage serving the Greater Toronto Area. The acquisition expands SIB's personal and commercial insurance presence in Toronto and is part of SIB's broader program of acquisitions to build a national broker platform.
- Buyers
- SIB Corp. (StoneRidge Insurance Brokers), CIVC Partners, LP
- Targets
- Deerborne Insurance Inc.
- Platforms
- SIB Corp. (StoneRidge Insurance Brokers)
- Industry
- Insurance
- Location
- Ontario, Canada
- Transaction Type
- Addon
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