M&A Deal Summary

HUB International Acquires Bixler & Associates

On November 22, 2013, HUB International acquired insurance company Bixler & Associates

Acquisition Highlights
  • This is HUB International’s 127th transaction in the Insurance sector.
  • This is HUB International’s 1st transaction in Puerto Rico.

M&A Deal Summary

Date 2013-11-22
Target Bixler & Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Bixler & Associates

San Juan, Puerto Rico
Bixler & Associates is a full-service insurance brokerage firm. Bixler works with businesses and individuals throughout Puerto Rico on arranging a broad array of insurance products and services.

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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 129 of 576
Sector (Insurance) 127 of 524
Type (Add-on Acquisition) 111 of 524
Country (Puerto Rico) 1 of 3
Year (2013) 16 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-04 Pallister Insurance Brokers

Portage la Prairie,, Manitoba, Canada

Pallister Insurance Brokers is a Portage la Prairie, Manitoba-based full-service insurance brokerage firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-03 Pinnacle Insurance Partners

Grand Rapids, Michigan, United States

Pinnacle offers property and casualty, employee benefits and personal lines products and services to a diversified client base, primarily throughout Michigan.

Buy -