M&A Deal Summary

HUB International Acquires Banco Management

On September 12, 2017, HUB International acquired insurance company Banco Management

Acquisition Highlights
  • This is HUB International’s 246th transaction in the Insurance sector.
  • This is HUB International’s 45th transaction in Canada.
  • This is HUB International’s 1st transaction in Nova Scotia.

M&A Deal Summary
Date 2017-09-12
Target Banco Management
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Banco Management

Halifax, Nova Scotia, Canada
Banco Management, Inc. is a provider of insurance services. Banco Management is based in Halifax, Nova Scotia.

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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 250 of 581
Sector (Insurance) 246 of 529
Type (Add-on Acquisition) 218 of 529
State (Nova Scotia) 1 of 2
Country (Canada) 45 of 121
Year (2017) 30 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-11 Stellarus Benefits

Appleton, Wisconsin, United States

Stellarus Benefits, Inc. is specializes in employee benefits. Stellarus Benefits is based in Appleton, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-13 Delisle Agencies

Delisle, Saskatchewan, Canada

Delisle Agencies Ltd. is specializes in personal lines and government automotive insurance solutions. Delisle Agencies is based in Delisle, Saskatchewan.

Buy -
Mergr

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