On November 1, 2023, Valani Global Ltd. acquired all of the outstanding shares of Market Security Analysis & Research Inc. The share purchase was financed through the Valani family with the assistance of a multi-tier facility from a leading Canadian bank.
Valani Global is a leading actuarial modelling and financial reporting firm specializing in providing comprehensive actuarial solutions across various sectors. Founded in 2003, Market Security Analysis & Research is an independent research firm focusing on Canada’s insurance market. It is the primary source of financial data for 95% of the Canadian insurance sector through its MSA Researcher Platform. Valani Global sees the addition of Market Security Analysis & Research as a significant boost in offering comprehensive solutions to clients, further integrating its services with those of the recently acquired JSCP. Valani Global, JSCP, and Market Security Analysis & Research continue to focus on innovation, meeting client objectives, and delivering high-quality projects, all underscored by diligent risk and scope management.
Cassels acted for Valani Global.