M&A Deal Summary

HUB International Acquires Tilghman Insurance of Myrtle Beach

On September 8, 2022, HUB International acquired insurance company Tilghman Insurance of Myrtle Beach

Acquisition Highlights
  • This is HUB International’s 462nd transaction in the Insurance sector.
  • This is HUB International’s 389th transaction in the United States.
  • This is HUB International’s 4th transaction in South Carolina.

M&A Deal Summary

Date 2022-09-08
Target Tilghman Insurance of Myrtle Beach
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Tilghman Insurance of Myrtle Beach

Myrtle Beach, South Carolina, United States
website
Tilghman Insurance of Myrtle Beach provides commercial and personal insurance solutions, based in Myrtle Beach, 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 503 of 549
Sector (Insurance) 462 of 500
Type (Add-on Acquisition) 455 of 499
State (South Carolina) 4 of 5
Country (United States) 389 of 427
Year (2022) 36 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 Direct Advisors

Latham, New York, United States

Direct Advisors provides benefit plan consulting and third-party administrative services to non-union construction companies that are subject to the Davis-Bacon Act, Service Contract Act and state prevailing wage regulations. Direct Advisors was founded in 2001 and is based in Latham, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Peel & Holland

Benton, Kentucky, United States

Peel & Holland is a full-service, independent insurance agency providing property and casualty insurance, surety and bonding, family insurance, and employee benefits plans. Peel & Holland was founded in 1924 and is based in Benton, Kentucky.

Buy -