M&A Deal Summary

HUB International Acquires Wyatt Insurance

On July 10, 2024, HUB International acquired insurance company Wyatt Insurance

Acquisition Highlights
  • This is HUB International’s 508th transaction in the Insurance sector.
  • This is HUB International’s 436th transaction in the United States.
  • This is HUB International’s 7th transaction in Tennessee.

M&A Deal Summary

Date 2024-07-10
Target Wyatt Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Wyatt Insurance

Knoxville, Tennessee, United States
Wyatt Insurance is a local independent agency specializing in commercial and personal insurance, risk management, and employee benefits. Wyatt Insurance was formed in 1994 and is based in Knoxville, Tennessee.

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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 558 of 572
Sector (Insurance) 508 of 520
Type (Add-on Acquisition) 508 of 521
State (Tennessee) 7 of 7
Country (United States) 436 of 448
Year (2024) 20 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Skinner & Company

Marietta, Georgia, United States

Skinner & Company provides commercial insurance and risk management services. The Company also specialize in commercial and contract bonds, payment and performance bonds for the construction industry. Skinner & Company was formed in 2000 and is based in Marietta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-12 IBG

Stoneham, Massachusetts, United States

IBG provides small to medium businesses with employee and group benefits insurance and administrative services. IBG was formed in 1995 and is based in Stoneham, Massachusetts.

Buy -