M&A Deal Summary

HUB International Acquires IAS Associates

On October 6, 2015, HUB International acquired insurance company IAS Associates

Acquisition Highlights
  • This is HUB International’s 179th transaction in the Insurance sector.
  • This is HUB International’s 147th transaction in the United States.
  • This is HUB International’s 4th transaction in North Carolina.

M&A Deal Summary

Date 2015-10-06
Target IAS Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

IAS Associates

Cary, North Carolina, United States
IAS Associates, LLC specializes in providing property and casualty insurance solutions.

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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 183 of 511
Sector (Insurance) 179 of 469
Type (Add-on Acquisition) 157 of 462
State (North Carolina) 4 of 7
Country (United States) 147 of 397
Year (2015) 29 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-05 Johnson & Wood Insurance Services - Assets

Carlsbad, California, United States

Johnson & Wood Insurance Services, Inc. - Assets provides commercial and personal insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-12 Oxford Coverage

Brooklyn, New York, United States

Oxford Coverage, Inc. is a provider of commercial lines insurance solutions for the nursing home and assisted living industry.

Buy -