M&A Deal Summary

HUB International Acquires First Southeast Insurance Services

On May 27, 2011, HUB International acquired insurance company First Southeast Insurance Services

Acquisition Highlights
  • This is HUB International’s 86th transaction in the Insurance sector.
  • This is HUB International’s 70th transaction in the United States.
  • This is HUB International’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2011-05-27
Target First Southeast Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

First Southeast Insurance Services

Charleston,, South Carolina, United States
First Southeast Insurance Services, an insurance brokerage firm headquartered in Charleston, South Carolina with four operating units in North and South Carolina.

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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 86 of 550
Sector (Insurance) 86 of 501
Type (Add-on Acquisition) 71 of 500
State (South Carolina) 1 of 5
Country (United States) 70 of 428
Year (2011) 17 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-09 Mark Tauber Insurance Brokerage

Brooklyn, New York, United States

Mark Tauber Insurance Brokerage, handles the property and casualty programs for many small to mid-sized businesses throughout the five boroughs of Manhattan and the greater New York metropolitan area, serving a large concentration of clients in the real estate, general construction and volunteer fire and ambulance service industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-11 Workplace Benefit Solutions

Manchester, New Hampshire, United States

Workplace Benefit Solutions, LLC is an employee benefits advisory firm that works primarily with mid to large size companies throughout New England.

Buy -