M&A Deal Summary

HUB International Acquires Clearpoint Advisory Group

On October 5, 2020, HUB International acquired insurance company Clearpoint Advisory Group

Acquisition Highlights
  • This is HUB International’s 367th transaction in the Insurance sector.
  • This is HUB International’s 97th transaction in Canada.
  • This is HUB International’s 20th transaction in Alberta.

M&A Deal Summary

Date 2020-10-05
Target Clearpoint Advisory Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Clearpoint Advisory Group

Edmonton, Alberta, Canada
Clearpoint Advisory Group, Inc. is a benefits and retirement consulting firm that provides strategic group benefit advisory services and retirement solutions to employers.

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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 391 of 581
Sector (Insurance) 367 of 529
Type (Add-on Acquisition) 349 of 529
State (Alberta) 20 of 26
Country (Canada) 97 of 121
Year (2020) 29 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-09 Todd and Associates

Lake Charles, Louisiana, United States

Located in Lake Charles, Louisiana, Todd & Associates is an independently owned agency with more than 100 years of combined experience in the insurance industry. Todd & Associates provides innovative solutions tailored to their clients’ specific risk needs, including medical professional liability insurance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-06 WFG Benefits

McLean, Virginia, United States

WFG Benefits, Inc. is a comprehensive insurance and employee benefit planning firm. that provides businesses, associations, professional firms, and institutions in the Mid-Atlantic region with benefits solutions. WFG Benefits is based in McLean, Virginia.

Buy -