M&A Deal Summary

HUB International Acquires Creative Business Solutions

On December 8, 2023, HUB International acquired insurance company Creative Business Solutions

Acquisition Highlights
  • This is HUB International’s 489th transaction in the Insurance sector.
  • This is HUB International’s 418th transaction in the United States.
  • This is HUB International’s 24th transaction in New York.

M&A Deal Summary

Date 2023-12-08
Target Creative Business Solutions
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition
Advisor(s) Mystic Capital Advisors Group LLC (Financial)

Target

Creative Business Solutions

Melville, New York, United States
Creative Business Solutions is an employee benefits firm specializing in group health benefits, Medicare plans, ancillary benefits, and property & casualty insurance. Creative Business Solutions is based in Melville, New York.

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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 535 of 580
Sector (Insurance) 489 of 528
Type (Add-on Acquisition) 486 of 528
State (New York) 24 of 25
Country (United States) 418 of 455
Year (2023) 26 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-07 Longbow Financial

Spokane, Washington, United States

Longbow Financial is a financial consulting firm specializing in corporate retirement planning and individual client wealth. Longbow Financial is based in Spokane, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-11 JRP Employee Benefit Solutions

Calgary, Alberta, Canada

JRP is an independent benefits brokerage firm specializing in employee benefits, pension planning and human resources. JRP was founded in 2011 and is based in Calgary, Alberta.

Buy -