M&A Deal Summary

HUB International Acquires Azur Consulting Services

On February 10, 2020, HUB International acquired business services company Azur Consulting Services

Acquisition Highlights
  • This is HUB International’s 17th transaction in the Business Services sector.
  • This is HUB International’s 88th transaction in Canada.
  • This is HUB International’s 5th transaction in Quebec.

M&A Deal Summary

Date 2020-02-10
Target Azur Consulting Services
Sector Business Services
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Azur Consulting Services

Longueuil, Quebec, Canada
Azur Consulting Services, Inc. provides employee benefits consulting, including group and health benefits solutions. Azur Consulting Services is based in Longueuil, Quebec.

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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 369 of 578
Sector (Business Services) 17 of 41
Type (Add-on Acquisition) 330 of 526
State (Quebec) 5 of 12
Country (Canada) 88 of 121
Year (2020) 7 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-06 TRA Insurance Solutions

King of Prussia, Pennsylvania, United States

Triester, Rossman & Associates, Inc. is an independent insurance firm providing clients with commercial and personal insurance, and employee benefits solutions. Triester, Rossman & Associates was established in 1971 and is based in King of Prussia, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 Morneau Shepell - Benefits Consulting Practice

Toronto, Ontario, Canada

Morneau Shepell's Benefits Consulting Practice provides tailored benefits solutions to clients – mainly large organizations, as well as small to medium – including actuarial services, integrated data analytics across lines of benefit, organizational health consulting and financial analysis solutions.

Buy -