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Clairvest Sponsors the Merger of Rogers Insurance and CapriCMW to form Acera Insurance

Provided By Globe Newswire

Last update: Sep 21, 2022

TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VI (“CEP VI”, collectively “Clairvest”) made a C$100 million minority equity investment to support the merger and recapitalization of Alberta-based Rogers Insurance and British Columbia-based CapriCMW Insurance Services Ltd. (“CapriCMW”). Post-close, the combined entity operates as Acera Insurance Services Ltd. (“Acera Insurance” or the “Company”).

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