M&A Deal Summary

HUB International Acquires Clarity Benefits Group

On May 7, 2019, HUB International acquired insurance company Clarity Benefits Group

Acquisition Highlights
  • This is HUB International’s 318th transaction in the Insurance sector.
  • This is HUB International’s 75th transaction in Canada.
  • This is HUB International’s 13th transaction in Alberta.

M&A Deal Summary
Date 2019-05-07
Target Clarity Benefits Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Clarity Benefits Group

Calgary, Alberta, Canada
Clarity Benefits Group, Inc. is an independent, boutique-style firm providing employee benefit plans, life insurance, and group retirement plans to large and small companies throughout Canada.

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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 330 of 578
Sector (Insurance) 318 of 526
Type (Add-on Acquisition) 293 of 526
State (Alberta) 13 of 26
Country (Canada) 75 of 121
Year (2019) 19 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Kelliher Agencies

Kelliher, Saskatchewan, Canada

Kelliher Agencies is a full service, an independent insurance brokerage that provides personal, commercial, farm, and specialty products insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 RIMS Insurance Brokerage

Providence, Rhode Island, United States

RIMS Insurance Brokerage Corp. has offered medical professional liability insurance as well as life, health, disability, worker’s compensation, business owner’s insurance, and other coverages since 1988.

Buy -
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