M&A Deal Summary

HUB International Acquires Kenneth A. Murray Insurance

On October 9, 2017, HUB International acquired insurance company Kenneth A. Murray Insurance

Acquisition Highlights
  • This is HUB International’s 253rd transaction in the Insurance sector.
  • This is HUB International’s 208th transaction in the United States.
  • This is HUB International’s 3rd transaction in Alaska.

M&A Deal Summary

Date 2017-10-09
Target Kenneth A. Murray Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Kenneth A. Murray Insurance

Fairbanks, Alaska, United States
website
Kenneth A. Murray Insurance, Inc. is specializes in commercial, personal lines, life and health, as well as bonding insurance solutions. Kenneth A. Murray Insurance was founded in 1939 and is based in Fairbanks, Alaska.

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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 257 of 549
Sector (Insurance) 253 of 500
Type (Add-on Acquisition) 225 of 499
State (Alaska) 3 of 4
Country (United States) 208 of 427
Year (2017) 37 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-06 Banyan Consulting Group

Greensboro, North Carolina, United States

Banyan Consulting Group, Inc. is specializes in employee benefits. Banyan Consulting Group is based in Greensboro, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-11 Marwil & Associates

Farmington Hills, Michigan, United States

Marwil & Associates LLC is specialize in the customization, implementation and ongoing administration of benefit programs that make perfect sense for each client individually. Marwil & Associates is based in Farmington Hills, Michigan.

Buy -