M&A Deal Summary

HUB International Acquires The Manuel Lujan Agencies

On September 4, 2013, HUB International acquired insurance company The Manuel Lujan Agencies

Acquisition Highlights
  • This is HUB International’s 125th transaction in the Insurance sector.
  • This is HUB International’s 100th transaction in the United States.
  • This is HUB International’s 3rd transaction in New Mexico.

M&A Deal Summary
Date 2013-09-04
Target The Manuel Lujan Agencies
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

The Manuel Lujan Agencies

Albuquerque, New Mexico, United States
website
The Manuel Lujan Agencies serves the insurance needs of individuals and a wide array of businesses throughout New Mexico. Among the specialties of MLA are Native American business, construction and surety, healthcare, non-profits and public entities.

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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 127 of 549
Sector (Insurance) 125 of 500
Type (Add-on Acquisition) 109 of 499
State (New Mexico) 3 of 11
Country (United States) 100 of 427
Year (2013) 14 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-02 Vicencia and Buckley Insurance Services

La Palma, California, United States

Vicencia and Buckley Insurance Services arranges coverage for businesses and individuals throughout Orange County, California and beyond, with a niche in serving scuba divers, shops and instructors worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-04 Pallister Insurance Brokers

Portage la Prairie,, Manitoba, Canada

Pallister Insurance Brokers is a Portage la Prairie, Manitoba-based full-service insurance brokerage firm.

Buy -
Mergr

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