M&A Deal Summary

HUB International Acquires Denali Alaskan Insurance

On February 16, 2017, HUB International acquired insurance company Denali Alaskan Insurance from Denali Federal Credit Union

Acquisition Highlights
  • This is HUB International’s 222nd transaction in the Insurance sector.
  • This is HUB International’s 181st transaction in the United States.
  • This is HUB International’s 1st transaction in Alaska.

M&A Deal Summary
Date 2017-02-16
Target Denali Alaskan Insurance
Sector Insurance
Buyer(s) HUB International
Sellers(s) Denali Federal Credit Union
Deal Type Divestiture

Target

Denali Alaskan Insurance

Anchorage, Alaska, United States
Denali Alaskan Insurance LLC is specializes in providing property and casualty insurance solutions.

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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 226 of 572
Sector (Insurance) 222 of 520
Type (Divestiture) 31 of 51
State (Alaska) 1 of 4
Country (United States) 181 of 448
Year (2017) 6 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 Hubbard-Bert

Erie, Pennsylvania, United States

Hubbard-Bert, Inc. is an employee benefit consulting firm that provides group and individual health insurance services. Hubbard-Bert, Inc. was established in 2000 and is headquartered in Erie, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 Employer Resource Group Financial & Insurance Services

Torrance, California, United States

Employer Resource Group Financial & Insurance Services, Inc. is specializes in providing primarily employee benefits solutions, as well as property and casualty insurance products.

Buy -

Seller(S) 1

SELLER

Denali Federal Credit Union

Anchorage, Arkansas, United States
Category Company
Sector Financial Services
DESCRIPTION

Denali Federal Credit Union is a provider of financial services in US. The banks also provides convenient banking with desktop, laptop, tablet or mobile device.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Divestiture) 1 of 1
State (Alaska) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

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