Axis Insurance Acquires The Magnes Group
May 22, 2024
Axis Insurance Managers Inc. has acquired The Magnes Group Inc., integrating the 100+ employee brokerage into Axis's national platform. The deal expands Axis's presence and capabilities in Ontario and Quebec, bolstering its commercial, personal, and life & benefits practice areas.
- Buyers
- Axis Insurance Managers Inc.
- Targets
- The Magnes Group Inc.
- Industry
- Insurance
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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