M&A Deal Summary

HUB International Acquires Connor & Kelly Insurance Brokers

On November 5, 2012, HUB International acquired insurance company Connor & Kelly Insurance Brokers

Acquisition Highlights
  • This is HUB International’s 109th transaction in the Insurance sector.
  • This is HUB International’s 90th transaction in the United States.
  • This is HUB International’s 9th transaction in Washington.

M&A Deal Summary

Date 2012-11-05
Target Connor & Kelly Insurance Brokers
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Connor & Kelly Insurance Brokers

Spokane, Washington, United States
Connor & Kelly Insurance Brokers is an Washington–based insurance brokerage firm. Connor & Kelly Ins Brokers provides residents of Spokane with advice and guidance when making important insurance decisions.

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Buyer(S) 1

Buyer

HUB International

Chicago, Illinois, United States

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 110 of 590
Sector (Insurance) 109 of 538
Type (Add-on Acquisition) 93 of 538
State (Washington) 9 of 25
Country (United States) 90 of 464
Year (2012) 14 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-05 Huestis Commercial Insurance

Saint John, New Brunswick, Canada

Huestis Commercial Insurance, is an insurance brokerage firm, which operates from three locations throughout New Brunswick and Nova Scotia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-06 Raintree Insurance Agency Inc

San Bernardino, California, United States

Raintree Insurance Agency, Inc., a San Bernardino, California-based insurance brokerage firm.

Buy -