M&A Deal Summary

HUB International Acquires Purselley Associates

On September 20, 2021, HUB International acquired insurance company Purselley Associates

Acquisition Highlights
  • This is HUB International’s 413th transaction in the Insurance sector.
  • This is HUB International’s 335th transaction in the United States.
  • This is HUB International’s 11th transaction in Texas.

M&A Deal Summary

Date 2021-09-20
Target Purselley Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Purselley Associates

Fort Worth, Texas, United States
Purselley Associates provides employers and individuals with employee benefits resources and solutions. Purselley Associates based in Fort Worth, Texas

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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 445 of 549
Sector (Insurance) 413 of 500
Type (Add-on Acquisition) 400 of 499
State (Texas) 11 of 13
Country (United States) 335 of 427
Year (2021) 40 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 McNellis Insurance

Evergreen Park, Illinois, United States

McNellis Insurance is an independent insurance agency providing personal, business, life, health and disability insurance. McNellis Insurance is based in Evergreen Park, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Silverman Financial

Miami, Florida, United States

Silverman Financial is an independent financial planning firm, which specializes in retirement services, estate and tax planning, and wealth management. Silverman Financial was founded in 1989 and is based in Miami, Florida.

Buy -