SIB (StoneRidge Insurance Brokers) Acquires Coreservice Insurance Brokers Inc.

December 8, 2025

SIB Corp. (StoneRidge Insurance Brokers), a PE-backed Canadian insurance brokerage platform, has acquired Coreservice Insurance Brokers Inc., a North York, Ontario-based full-service brokerage. Founders Kevin Choi and Halim Lee will remain in leadership during a gradual transition as SIB expands its footprint in the Greater Toronto Area to strengthen personal and commercial lines capabilities.

Buyers
SIB Corp. (StoneRidge Insurance Brokers), CIVC Partners
Targets
Coreservice Insurance Brokers Inc.
Sellers
Kevin Choi, Halim Lee
Platforms
SIB Corp. (StoneRidge Insurance Brokers)
Industry
Insurance
Location
Ontario, Canada
Transaction Type
Addon

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