M&A Deal Summary

HUB International Acquires Totten Insurance Group

On December 31, 2007, HUB International acquired insurance company Totten Insurance Group

Acquisition Highlights
  • This is HUB International’s 37th transaction in the Insurance sector.
  • This is HUB International’s 7th transaction in Canada.
  • This is HUB International’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2007-12-31
Target Totten Insurance Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Totten Insurance Group

London, Ontario, Canada
website
Totten Insurance Group Inc. operates as an insurance wholesaler or intermediary. Company provides various insurance services and products.

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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 37 of 550
Sector (Insurance) 37 of 501
Type (Add-on Acquisition) 32 of 500
State (Ontario) 2 of 32
Country (Canada) 7 of 118
Year (2007) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-02 JM Associates

Fort Lee, New Jersey, United States

JM Associates, Ltd. is a provider of insurance and risk management products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-03 JRN Benefits

Santa Barbara, California, United States

RN Benefits, Inc. engages in designing and administering retirement plans and other employee benefit programs for employers.

Buy -