M&A Deal Summary

HUB International Acquires Christiansen Insurance Group

On January 11, 2021, HUB International acquired insurance company Christiansen Insurance Group

Acquisition Highlights
  • This is HUB International’s 384th transaction in the Insurance sector.
  • This is HUB International’s 3rd transaction in Puerto Rico.

M&A Deal Summary

Date 2021-01-11
Target Christiansen Insurance Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Christiansen Insurance Group

Guaynabo, Puerto Rico
Christiansen Insurance Group LLC is a full-service insurance firm, specializing in property and casualty, personal insurance, and employee benefits solutions. Christiansen Insurance Group was founded in 2008 and is based in Guaynabo, Puerto Rico.

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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 409 of 579
Sector (Insurance) 384 of 527
Type (Add-on Acquisition) 366 of 527
Country (Puerto Rico) 3 of 3
Year (2021) 4 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 CAPAX

Modesto, California, United States

CAPAX provides multi-line insurance solutions, including personal and commercial, employee benefits products and risk management solutions for their clients. CAPAX is based in Modesto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Preferred Benefits Services Agency

Delaware, Ohio, United States

Preferred Benefits Services Agency, Inc. provides tailored benefit solutions with thoughtful strategic planning, valuable professional services, and technology-based solutions. Preferred Benefits Services Agency was founded in 1994 and is based in Delaware, Ohio.

Buy -