Paul Ayotte Insurance Brokers Ltd.
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Paul Ayotte Insurance Brokers Ltd. - overview
Established
1975
Location
-, ON, Canada
Primary Industry
Insurance
About
Based in Canada, Paul Ayotte Insurance Brokers Ltd. is dedicated to providing a comprehensive array of insurance solutions customized for individuals and businesses primarily in Northern Ontario. Paul Ayotte Insurance Brokers Ltd. provides insurance services, having been founded in 1975 in Canada.
In August 2025, Westland Insurance Group Ltd. , a portfolio company of BroadStreet Partners, Inc. , Ethos Capital, BCI Partners, White Mountains Insurance Group, and Ontario Teachers' Pension Plan, acquired Paul Ayotte Insurance Brokers Ltd. Paul Ayotte Insurance Brokers Ltd.
(PAIB) specializes in offering a comprehensive range of insurance products tailored to meet the diverse needs of its clients in Northern Ontario. The company's core offerings include auto insurance, home insurance, cottage insurance, business insurance, leisure lifestyle coverages, and watercraft insurance. These products are designed to provide necessary coverage for individuals and businesses, ensuring peace of mind and financial protection against various risks. For instance, auto insurance is essential for legal driving and vehicle registration in Ontario, while business insurance combines general liability with commercial property insurance to protect business owners.
PAIB serves a broad customer base, including individuals, families, and local businesses, with five locations established since 1975 to enhance accessibility and service delivery across the region. Revenue generation at Paul Ayotte Insurance Brokers Ltd. is primarily driven through the sale of insurance products to consumers and businesses in Northern Ontario. The company operates on a direct-to-consumer model, wherein clients purchase insurance policies tailored to their specific needs.
Transactions typically involve one-time payments or annual premiums for various products, covering areas such as auto, home, and business insurance. Each insurance product is priced based on factors such as coverage limits, type of insurance, and client needs, with the aim of providing competitive rates. Through its longstanding reputation for quality service and professionalism, PAIB fosters client loyalty, which contributes to a stable revenue stream derived from renewals and referrals. In August 2025, Westland Insurance Group Ltd.
, a portfolio company of BroadStreet Partners, Inc. , Ethos Capital, BCI Partners, White Mountains Insurance Group, and Ontario Teachers' Pension Plan, acquired Paul Ayotte Insurance Brokers Ltd. The acquisition will support Westland Insurance Group Ltd. 's strategy to expand its reach and enhance its service offerings across Canada through both organic growth and strategic acquisitions.
Current Investors
Westland Insurance Group Ltd.
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Insurance Intermediaries, Commercial Insurance
Website
www.paib.ca
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Paul Ayotte Insurance Brokers Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Paul Ayotte Insurance Brokers Ltd. | - |
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