M&A Deal Summary

HUB International Acquires Associated Insurance Managers

On December 8, 2009, HUB International acquired insurance company Associated Insurance Managers

Acquisition Highlights
  • This is HUB International’s 55th transaction in the Insurance sector.
  • This is HUB International’s 47th transaction in the United States.
  • This is HUB International’s 4th transaction in Montana.

M&A Deal Summary

Date 2009-12-08
Target Associated Insurance Managers
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Associated Insurance Managers

Glendive, Montana, United States
Associated Insurance Managers is an eastern Montana based insurance brokerage firm.

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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 55 of 581
Sector (Insurance) 55 of 529
Type (Add-on Acquisition) 47 of 529
State (Montana) 4 of 11
Country (United States) 47 of 456
Year (2009) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-09 Mones & Associates Insurance Brokers

Edmonton, Alberta, Canada

Mones & Associates Insurance Brokers Inc. engaged in the personal and commercial insurance brokers in Western and Northern Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-06 Wescom Insurance - Commercial Lines and Life & Health Books of Business

Anaheim, California, United States

The Commercial Lines and Life & Health members of the Wescom offers life and health insurance services.

Buy -