M&A Deal Summary

HUB International Acquires D Onofrio Insurance

On October 13, 2023, HUB International acquired insurance company D Onofrio Insurance

Acquisition Highlights
  • This is HUB International’s 485th transaction in the Insurance sector.
  • This is HUB International’s 113th transaction in Canada.
  • This is HUB International’s 10th transaction in Quebec.

M&A Deal Summary

Date 2023-10-13
Target D Onofrio Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

D Onofrio Insurance

Laval, Quebec, Canada
D'Onofrio Insurance is an independent firm providing commercial and personal insurance to clients in the region, based in Laval, Quebec.

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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 529 of 579
Sector (Insurance) 485 of 527
Type (Add-on Acquisition) 480 of 527
State (Quebec) 10 of 12
Country (Canada) 113 of 121
Year (2023) 20 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-07 GJJK

Mississauga, Ontario, Canada

GJJK is an insurance brokerage that provides commercial and personal insurance to clients and specializes in the cannabis industry. GJJK is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-16 Asset Protection Group

Midlothian, Virginia, United States

AP Group is a full-service insurance agency that specializes in providing quality insurance coverage for dentists, oral surgeons, physicians, business professionals, and associations. AP Group was founded in 1995 and is based in Midlothian, Virginia.

Buy -