BrokerLink announces double acquisition in Ontario

Deal brings its M&A count for the year to 20

BrokerLink announces double acquisition in Ontario

Mergers & Acquisitions

By Lyle Adriano

BrokerLink further expands its presence in Ontario with two acquisitions in the province, L&M Dallaire Insurance and Cryderman Insurance Brokers.

Both acquired brokers joined BrokerLink on October 01, 2022. The two deals bring BrokerLink’s total acquisition count for the year to 20.

L&M Dallaire Insurance is a full-service brokerage in Kapuskasing, Northern Ontario. In business since the 1960s, the firm offers home, auto, and business insurance solutions. Following the acquisition, L&M Dallaire Insurance owners Chantale and Luc Dallaire and the rest of their team will join BrokerLink.

Cryderman Insurance in Chatham, Southwestern Ontario has been in operation since 1935. Led by company president Bill Cryderman, the broker offers bespoke personal and commercial insurance solutions.

“We’re proud to welcome our new team members in all regions we operate, who continue to provide customers with excellent service and local insurance advice,” said BrokerLink president Joe D’Annunzio. “With the latest acquisitions of L & M Dallaire and Cryderman Insurance, we’re pleased to extend our expertise and contribute as active members in the communities of Chatham and Kapuskasing.”

Last month, BrokerLink announced three acquisitions: J.W. Davis Insurance Brokers in Mississauga; Kuhn & Associates Insurance and Financial Services in Welland; and Current Maritime Insurance in Halifax.

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