Parties
Company
Intact Financial Corporation
Company
Jiffy Inc.
On November 14, 2024, Intact Financial Corporation (TSX: IFC) acquired Jiffy Inc., Canada’s top home maintenance app, to expand its digital services and customer reach. Jiffy connects homeowners with certified professionals for home repairs and maintenance. The acquisition supports Intact’s goal of increasing digital engagement and enhancing climate resilience efforts.
Jiffy will continue operating under its brand, with co-founders Ryan Shupak and Paul Arlin joining Intact. LaBarge Weinstein LLP advised Jiffy in the transaction. Financial terms were not disclosed.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
14 November 2024