M&A Deal Summary

HUB International Acquires Beartooth Insurance

On June 4, 2013, HUB International acquired insurance company Beartooth Insurance

Acquisition Highlights
  • This is HUB International’s 117th transaction in the Insurance sector.
  • This is HUB International’s 97th transaction in the United States.
  • This is HUB International’s 6th transaction in Montana.

M&A Deal Summary

Date 2013-06-04
Target Beartooth Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

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.

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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 119 of 576
Sector (Insurance) 117 of 524
Type (Add-on Acquisition) 101 of 524
State (Montana) 6 of 11
Country (United States) 97 of 451
Year (2013) 6 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-21 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 St. Andrews Insurance

Lockport,, Manitoba, Canada

St. Andrews Insurance Ltd. provides insurance brokerage, and personal and commercial insurance products and services.

Buy -