M&A Deal Summary

HUB International Acquires Coburn Insurance Agency

On February 1, 2007, HUB International acquired insurance company Coburn Insurance Agency

Acquisition Highlights
  • This is HUB International’s 33rd transaction in the Insurance sector.
  • This is HUB International’s 27th transaction in the United States.
  • This is HUB International’s 1st transaction in Vermont.

M&A Deal Summary

Date 2007-02-01
Target Coburn Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Coburn Insurance Agency

Colchester, Vermont, United States
Coburn Insurance Agency, Inc. offers transportation insurance in the United States.

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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 33 of 572
Sector (Insurance) 33 of 520
Type (Add-on Acquisition) 28 of 521
State (Vermont) 1 of 3
Country (United States) 27 of 448
Year (2007) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-03 Kaufman & Kaufman Insurance

Salt Lake City, Utah, United States

Kaufman & Kaufman is the Independent brokerage in the western states specializing in transportation-related coverage and represents over 40 of the leading U.S. insurance carriers that specialize in transportation risks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 Hibernia Insurance Agency

Metairie, Louisiana, United States

Hibernia Insurance Agency, L.L.C. offers insurance brokerage, risk management, and employee benefits services for businesses.

Buy -