M&A Deal Summary

HUB International Acquires Cassco Insurance

On March 6, 2017, HUB International acquired insurance company Cassco Insurance

Acquisition Highlights
  • This is HUB International’s 226th transaction in the Insurance sector.
  • This is HUB International’s 185th transaction in the United States.
  • This is HUB International’s 8th transaction in Montana.

M&A Deal Summary

Date 2017-03-06
Target Cassco Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Cassco Insurance

Wolf Point, Montana, United States
Cassco Insurance, Inc. is a multi-lines insurance solutions provider.

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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 230 of 576
Sector (Insurance) 226 of 524
Type (Add-on Acquisition) 199 of 524
State (Montana) 8 of 11
Country (United States) 185 of 451
Year (2017) 10 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-03 Tri-Star Insurance Professionals

Plano, Texas, United States

Tri-Star Insurance Professionals, Inc. is specializes in personal lines and commercial lines insurance products and services. Roger Harkins, Principal, Tri-Star, will join Hub Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-17 BCI Group

Portland, Oregon, United States

BCI Group, Inc. is specialize in employee benefits, retirement benefits, life insurance and business consulting.

Buy -