M&A Deal Summary

HUB International Acquires Morin Insurance Agency

On February 5, 2024, HUB International acquired insurance company Morin Insurance Agency

Acquisition Highlights
  • This is HUB International’s 492nd transaction in the Insurance sector.
  • This is HUB International’s 421st transaction in the United States.
  • This is HUB International’s 3rd transaction in New Hampshire.

M&A Deal Summary
Date 2024-02-05
Target Morin Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Morin Insurance Agency

Alton Bay, New Hampshire, United States
Morin Insurance Agency is an independent agency offering individuals and business owners in the Northern New England region commercial insurance, life, employee benefits, automobile and homeowners insurance. Morin Insurance Agency was founded in 2005 and is based in Alton Bay, New Hampshire.

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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 541 of 568
Sector (Insurance) 492 of 517
Type (Add-on Acquisition) 491 of 518
State (New Hampshire) 3 of 3
Country (United States) 421 of 445
Year (2024) 3 of 30
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-05 Gottschling - Book of Business

Vienna, Virginia, United States

Gottschling's Book of Business provides book services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-12 Mitchell Sandham

Oakville, Ontario, Canada

Mitchell Sandham provides commercial and personal insurance, and employee benefits services. Mitchell Sandham is based in Oakville, Ontario.

Buy -
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