M&A Deal Summary

HUB International Acquires Carlton Insurance Brokers

On May 3, 2018, HUB International acquired insurance company Carlton Insurance Brokers

Acquisition Highlights
  • This is HUB International’s 275th transaction in the Insurance sector.
  • This is HUB International’s 53rd transaction in Canada.
  • This is HUB International’s 10th transaction in Alberta.

M&A Deal Summary

Date 2018-05-03
Target Carlton Insurance Brokers
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Carlton Insurance Brokers

Jasper, Alberta, Canada
Carlton Insurance Brokers, Inc. is a provider of personal and commercial insurance and specializes in solutions for the transportation industry. Carlton Insurance Brokers is based in Jasper, Alberta.

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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 280 of 576
Sector (Insurance) 275 of 524
Type (Add-on Acquisition) 248 of 524
State (Alberta) 10 of 26
Country (Canada) 53 of 121
Year (2018) 16 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 Kelly King Insurance Services

Ripon, California, United States

Kelly King Insurance Services is an independent insurance agency that specializes in CA Tree Trimmers and Landscapers Insurance. Kelly King Insurance Services is based in Ripon, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-04 Easy Truck Insurance Services

Vacaville, California, United States

Easy Truck Insurance Services, Inc. is a retail truck insurance brokerage that provides services to owner drivers, small fleet and specific large fleets with a nationwide presence, with a primary focus in the western United States.

Buy -