M&A Deal Summary

HUB International Acquires C.J. McCarthy Insurance Agency

On July 4, 2000, HUB International acquired insurance company C.J. McCarthy Insurance Agency

Acquisition Highlights
  • This is HUB International’s 3rd transaction in the Insurance sector.
  • This is HUB International’s 1st transaction in the United States.
  • This is HUB International’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2000-07-04
Target C.J. McCarthy Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

C.J. McCarthy Insurance Agency

Wilmington,, Massachusetts, United States
C.J. McCarthy Insurance Agency is a provider of insurance brokerage 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 3 of 581
Sector (Insurance) 3 of 529
Type (Add-on Acquisition) 3 of 529
State (Massachusetts) 1 of 27
Country (United States) 1 of 456
Year (2000) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-18 McIntosh Insurance Services

British Columbia, Canada

McIntosh Insurance Services is a provider of various insurance products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-04 Assurance Dumas & associés inc.

Quebec, Canada

Dumas & associés inc., is a third generation insurance brokerage firm.

Buy -