M&A Deal Summary

HUB International Acquires Essex Insurance and Travel

On April 7, 2014, HUB International acquired insurance company Essex Insurance and Travel

Acquisition Highlights
  • This is HUB International’s 135th transaction in the Insurance sector.
  • This is HUB International’s 29th transaction in Canada.
  • This is HUB International’s 8th transaction in Manitoba.

M&A Deal Summary

Date 2014-04-07
Target Essex Insurance and Travel
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Essex Insurance and Travel

Winnipeg,, Manitoba, Canada
website
Essex Insurance and Travel is a provider of insurance brokering services.

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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 137 of 549
Sector (Insurance) 135 of 500
Type (Add-on Acquisition) 119 of 499
State (Manitoba) 8 of 11
Country (Canada) 29 of 118
Year (2014) 8 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-02 Argus Insurance

Yakima,, Washington, United States

Argus Insurance offers property and casualty, employee benefits and personal insurance to businesses and individuals located throughout Central Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-02 St. Andrews Book Of Commercial Line Business

Canada

St. Andrews Book Of Commercial Line Business, comprises book of commercial line business.

Buy -