M&A Deal Summary

HUB International Acquires Callow Insurance Associates - Entertainment Book Of Business

On April 10, 2019, HUB International acquired insurance company Callow Insurance Associates - Entertainment Book Of Business from Callow Insurance Associates

Acquisition Highlights
  • This is HUB International’s 315th transaction in the Insurance sector.
  • This is HUB International’s 73rd transaction in Canada.
  • This is HUB International’s 11th transaction in British Columbia.

M&A Deal Summary

Date 2019-04-10
Target Callow Insurance Associates - Entertainment Book Of Business
Sector Insurance
Buyer(s) HUB International
Sellers(s) Callow Insurance Associates
Deal Type Divestiture

Target

Callow Insurance Associates - Entertainment Book Of Business

Vancouver, British Columbia, Canada
Callow Insurance Associates Ltd. - Entertainment Book Of Business is a provider of insurance 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 327 of 576
Sector (Insurance) 315 of 524
Type (Divestiture) 37 of 52
State (British Columbia) 11 of 15
Country (Canada) 73 of 121
Year (2019) 16 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-05 Corey Steinbach Insurance Agency

Felton, Minnesota, United States

Corey Steinbach Insurance Agency LLC is a full-service firm specializing in crop insurance. Corey Steinbach Insurance Agency LLC is based in Felton, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-03 Resource Insurance Services

Lewisville, Texas, United States

Resource Insurance Services, Inc. specializes in providing lender placed insurance programs to financial institutions. Lewisville, Texas.

Buy -

Seller(S) 1

SELLER

Callow Insurance Associates

Vancouver, British Columbia, Canada

Category Company
Sector Insurance
DESCRIPTION

Callow Insurance Associates Ltd. is a provider of insurance services. Callow Insurance Associates is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1