Westland Insurance Group Ltd. partners with Blackstone Credit

Financial Services - Insurance

KPMG Corporate Finance acted as financial advisor to Westland Insurance Group (“Westland” or the “Company”) on the recapitalization of its balance sheet with Blackstone Credit.

Westland is one of fastest-growing private property and casualty insurance brokers in Canada. Founded in 1980 with one location in the suburbs of Vancouver, British Columbia, the family-owned insurance brokerage has built a national network of over 150 locations and 1,700 employees with coast-to-coast coverage making the Company one of Canada’s largest independent, family-owned insurance brokerages.

Blackstone Credit, a division of Blackstone, is one of the world’s largest credit-focused asset managers, with $135 billion in assets under management.