Ontario Teachers’ acquires Kanetix Ltd.

Ontario Teachers’ Pension Plan (Ontario Teachers’) has announced it has agreed to acquire Kanetix Ltd., Canada’s largest digital customer acquisition platform and marketplace that provides quote comparison search tools for insurance and financial products. Financial terms were not disclosed.

Ontario Teachers’ would also like to welcome Igal Mayer as the new CEO of Kanetix, effective immediately.  Mayer is the founder of Shop Insurance Canada, as well as the former CEO of Aviva Canada, Aviva UK and Aviva Europe.

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