Operating Company Financial Services

Navacord

Toronto, Ontario, Canada

Canadian insurance brokerage and broker-distribution platform that partners with independent brokerages to provide insurance advice and tailored solutions across personal and commercial insurance, group benefits, and retirement/financial planning, while enabling broker partners to remain majority employee-owned.

Focus Areas
Insurance brokerage, Group benefits, Employee benefits / group benefits
Website
navacord.com

Tracked deals

3

3 tracked deals across 2023-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout

Navacord Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Navacord. 2 2023 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Navacord Corp.
    Target
    Acera Insurance Services Ltd., Acera Insurance Services Ltd. (Acera)
    Seller
    Clairvest Group Inc. (through Clairvest Equity Partners VI), Clairvest Equity Partners VI Limited Partnership
    Industry
    Insurance
    Location
    Ontario, Canada
    Type
    Buyout

    Navacord Corp. completed its previously announced merger with Acera Insurance Services Ltd., formally closing on February 2, 2026. Clairvest Group Inc. (and Clairvest Equity Partners VI) fully exited its investment in Acera as part of the transaction, receiving gross proceeds of approximately C$407 million (80% cash and 20% in a promissory note payable over 24 months).

  • Buyer
    Navacord Corp.
    Target
    Medi-Quote Insurance Brokers
    Industry
    Insurance
    Location
    Manitoba, Canada
    Type
    Addon

    Navacord Corp. announced a partnership with Medi-Quote Insurance Brokers, effective July 4, 2023, bringing Medi-Quote's travel, medical, health and dental insurance expertise into Navacord's national brokerage network. The deal expands Navacord's presence in Manitoba and strengthens its capabilities in the niche travel insurance market, including services for snowbird customers.

  • Buyer
    Navacord Corp., Madison Dearborn Partners
    Target
    RWAM Insurance Administrators Inc., Programmed Insurance Brokers Inc.
    Industry
    Insurance
    Location
    Canada
    Type
    Addon

    Navacord Corp., a Madison Dearborn Partners–backed Canadian insurance brokerage platform, announced the strategic acquisition of RWAM Insurance Administrators Inc. and Programmed Insurance Brokers Inc. The additions expand Navacord's third-party administration (TPA), group benefits and insurance brokerage capabilities and strengthen its national reach across Canada.

Related Acquisition Pages

Selling a company? Get in front of buyers like Navacord

Turn tracked acquisition activity into an outreach-ready buyer list.