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  6. Hub Financial Acquires Falkenberg Agencies

M&A Deal Summary

Hub Financial Acquires Falkenberg Agencies

On June 9, 2008, Hub Financial acquired insurance company Falkenberg Agencies

Acquisition Highlights
  • This is Hub Financial’s 2nd transaction in the Insurance sector.
  • This is Hub Financial’s 2nd transaction in Canada.
  • This is Hub Financial’s 2nd transaction in British Columbia.

M&A Deal Summary
Date 2008-06-09
Target Falkenberg Agencies
Sector Insurance
Buyer(s) Hub Financial
Deal Type Add-on Acquisition

Target

Falkenberg Agencies

Charlie Lake, British Columbia, Canada
Falkenberg Agencies a British Columbia-based agency specializing in life and investment products.

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Buyer(S) 1

Buyer

Hub Financial

Woodbridge, Ontario, Canada
Category Company
Sector Insurance
DESCRIPTION

Hub Financial Inc, is engaged in managing general agency for independent life insurance agents and general agents in Canada.

DEAL STATS #
Overall 2 of 8
Sector: Insurance M&A 2 of 7
Type: Add-on Acquisition M&A Deals 2 of 8
State: British Columbia M&A 2 of 4
Country: Canada M&A 2 of 8
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-01 TILCO Financial Services

Victoria, British Columbia, Canada

TILCO Financial Services is a provider of Canadian life and financial services wholesale brokerage services and products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-02 Best Advice Financial Services

North York,, Ontario, Canada

Best Advice Financial Services Inc. operates as a life insurance Managing General Agency (MGA) for over 3,000 independent life insurance agents and Associated General Agents in Canada.

Buy -
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