M&A Deal Summary

HUB International Acquires Bolds Risk & Insurance Services

On March 11, 2024, HUB International acquired insurance company Bolds Risk & Insurance Services

Acquisition Highlights
  • This is HUB International’s 497th transaction in the Insurance sector.
  • This is HUB International’s 424th transaction in the United States.
  • This is HUB International’s 72nd transaction in California.

M&A Deal Summary

Date 2024-03-11
Target Bolds Risk & Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Bolds Risk & Insurance Services

Larkspur, California, United States
website
Bolds Risk & Insurance Services is an independent firm providing commercial and personal insurance, and risk management services to clients in the region. Bolds Risk & Insurance Services is based in Larkspur, California.

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Buyer(S) 1

Buyer

HUB International

Chicago, Illinois, United States

website


Category Company
Founded 1998
Sector Insurance
Employees10,000
Revenue 2.2B USD (2018)
DESCRIPTION
HUB International office in Burlington, North Carolina.
HUB International office in Burlington, North Carolina.

HUB International is a global insurance brokerage providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil. HUB International was formed in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 546 of 556
Sector (Insurance) 497 of 506
Type (Add-on Acquisition) 496 of 506
State (California) 72 of 75
Country (United States) 424 of 434
Year (2024) 8 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-07 Compass Insurance Agency

Grand Rapids, Michigan, United States

Compass Insurance Agency is an independent agency providing personal insurance such as home and auto, and commercial insurance. Compass Insurance Agency is based in Grand Rapids, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-21 Preferred Services Group

Cedarhurst, New York, United States

Preferred Services Group is a full-service insurance brokerage firms that provide property and casualty insurance solutions and individual and group benefits solutions including medical and ancillary such as dental, life, vision, disability, and voluntary benefits. Preferred Services Group is based in Cedarhurst, New York.

Buy -