M&A Deal Summary

HUB International Acquires Berk Bilgen Insurance

On July 3, 2019, HUB International acquired insurance company Berk Bilgen Insurance

Acquisition Highlights
  • This is HUB International’s 323rd transaction in the Insurance sector.
  • This is HUB International’s 79th transaction in Canada.
  • This is HUB International’s 15th transaction in Alberta.

M&A Deal Summary

Date 2019-07-03
Target Berk Bilgen Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Berk Bilgen Insurance

Edmonton, Alberta, Canada
Berk Bilgen Insurance Ltd. is an independent insurance brokerage based in Edmonton, Alberta, Canada, offering personal and commercial insurance solutions, including home, auto, life, and travel.

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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 337 of 572
Sector (Insurance) 323 of 520
Type (Add-on Acquisition) 299 of 521
State (Alberta) 15 of 26
Country (Canada) 79 of 120
Year (2019) 26 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 BenefitLink Resource Group

Edmonton, Alberta, Canada

BenefitLink Resource Group, Inc. is an independent benefit and retirement consulting firm focused on optimizing expenditures, driving efficiencies, and simplifying the management of benefit and retirement plans. BenefitLink Resource Group was founded in 2001 and is based in Edmonton, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 The Crichton Group

Nashville, Tennessee, United States

Crichton, Brandon, Jackson & Ward, Inc. is an independent, full-service commercial, employee benefits, and personal lines agency. Crichton, Brandon, Jackson & Ward, Inc. was founded in 1979 and is based in Nashville, Tennessee.

Buy -