M&A Deal Summary

HUB International Acquires Arbury Insurance Agency

On March 5, 2024, HUB International acquired insurance company Arbury Insurance Agency

Acquisition Highlights
  • This is HUB International’s 494th transaction in the Insurance sector.
  • This is HUB International’s 422nd transaction in the United States.
  • This is HUB International’s 9th transaction in Michigan.

M&A Deal Summary

Date 2024-03-05
Target Arbury Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Arbury Insurance Agency

Midland, Michigan, United States
Arbury Insurance Agency is an insurance agency providing commercial and personal insurance, and employee benefits services to the Midland region.

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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 543 of 579
Sector (Insurance) 494 of 527
Type (Add-on Acquisition) 493 of 527
State (Michigan) 9 of 11
Country (United States) 422 of 454
Year (2024) 5 of 41
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-06 Zavitz Insurance and Wealth

London, Ontario, Canada

Zavitz Insurance and Wealth provides group employee benefits, living benefits and life insurance services, and financial and retirement planning to clients in the region and across the country. Zavitz Insurance and Wealth is based in London, Ontario.

Buy -