M&A Deal Summary

HUB International Acquires Columbian Insurance Agency

On February 2, 2016, HUB International acquired insurance company Columbian Insurance Agency

Acquisition Highlights
  • This is HUB International’s 187th transaction in the Insurance sector.
  • This is HUB International’s 155th transaction in the United States.
  • This is HUB International’s 8th transaction in Illinois.

M&A Deal Summary

Date 2016-02-02
Target Columbian Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Columbian Insurance Agency

New Lenox, Illinois, United States
Columbian Insurance Agency (Columbian Agency) is specialize in providing commercial lines insurance and surety bond solutions for the construction industry.

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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 191 of 578
Sector (Insurance) 187 of 526
Type (Add-on Acquisition) 165 of 526
State (Illinois) 8 of 22
Country (United States) 155 of 453
Year (2016) 4 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-18 RPG Solutions

Raleigh, North Carolina, United States

RPG Solutions, Inc. is a provider of employee benefits, HR Services and training and development.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 Equity Risk Partners

San Francisco, California, United States

Equity Risk Partners, Inc. is specializes in providing property and casualty, employee benefits, and executive liability solutions for private equity firms worldwide.

Buy -