M&A Deal Summary

HUB International Acquires Associated Insurance Group

On October 8, 2024, HUB International acquired insurance company Associated Insurance Group

Acquisition Highlights
  • This is HUB International’s 519th transaction in the Insurance sector.
  • This is HUB International’s 447th transaction in the United States.
  • This is HUB International’s 3rd transaction in Missouri.

M&A Deal Summary

Date 2024-10-08
Target Associated Insurance Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Associated Insurance Group

Maryland Heights, Missouri, United States
Associated Insurance Group is an independent insurance agency providing commercial and personal property & casualty insurance solutions. Associated Insurance Group is headquartered in Maryland Heights, Missouri.

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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 571 of 581
Sector (Insurance) 519 of 529
Type (Add-on Acquisition) 521 of 529
State (Missouri) 3 of 3
Country (United States) 447 of 456
Year (2024) 33 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-07 Creative Financial Strategies

Columbia, South Carolina, United States

Creative Financial Strategies provides investment and financial advisory services to individual and corporate clientele across America. Creative Financial Strategies is headquartered in Columbia, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-09 WestStar Insurance Agency

El Paso, Texas, United States

WestStar Insurance Agency focuses on business insurance, employee benefits, and personal insurance products to customize protection for their clients. WestStar Insurance Agency is based in El Paso, Texas.

Buy -