Add-on Acquisition • Insurance

HUB International Acquires Cusson & Anderson Financial

On April 2, 2014, HUB International acquired insurance company Cusson & Anderson Financial

Acquisition Context
  • This is HUB International’s 134th transaction in the Insurance sector.
  • This is HUB International’s 28th transaction in Canada.
  • This is HUB International’s 7th transaction in Manitoba.

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M&A Deal Summary

Date April 2, 2014
Target Cusson & Anderson Financial
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target Company

Cusson & Anderson Financial

Winnipeg,, Manitoba, Canada
Cusson & Anderson Financial, a Winnipeg, Manitoba -based brokerage firm.
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Buyer Overview 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 founded in 1998 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 136 of 602
Sector: Insurance 134 of 547
Type: Add-on Acquisition 118 of 550
State: Manitoba 7 of 11
Country: Canada 28 of 122
Year: 2014 7 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-02 Argus Insurance

Yakima,, Washington, United States

Argus Insurance offers property and casualty, employee benefits and personal insurance to businesses and individuals located throughout Central Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-07 Essex Insurance and Travel

Winnipeg,, Manitoba, Canada

Essex Insurance and Travel is a provider of insurance brokering services.

Buy -