M&A Deal Summary

HUB International Acquires Advantage Insurance Services

On May 21, 2013, HUB International acquired insurance company Advantage Insurance Services

Acquisition Highlights
  • This is HUB International’s 116th transaction in the Insurance sector.
  • This is HUB International’s 96th transaction in the United States.
  • This is HUB International’s 10th transaction in Washington.

M&A Deal Summary

Date 2013-05-21
Target Advantage Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Advantage Insurance Services

Kirkland, Washington, United States
Advantage Insurance Services, Inc. is a insurance brokerage firm offers auto, property, automobile, business, and life and health insurance services.

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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 118 of 576
Sector (Insurance) 116 of 524
Type (Add-on Acquisition) 100 of 524
State (Washington) 10 of 24
Country (United States) 96 of 451
Year (2013) 5 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-04 Actra Fraternal Home & Auto Insurance Business

Canada

Actra Fraternal Home & Auto Insurance Business offers various insurance services and products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-04 Beartooth Insurance

Red Lodge, Montana, United States

Beartooth Insurance is a full-service insurance brokerage firm operating out of offices in Red Lodge and Absarokee, Montana.

Buy -