M&A Deal Summary

HUB International Acquires F.A.R.E. Healthcare

On September 6, 2023, HUB International acquired insurance company F.A.R.E. Healthcare

Acquisition Highlights
  • This is HUB International’s 483rd transaction in the Insurance sector.
  • This is HUB International’s 412th transaction in the United States.
  • This is HUB International’s 2nd transaction in Missouri.

M&A Deal Summary

Date 2023-09-06
Target F.A.R.E. Healthcare
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

F.A.R.E. Healthcare

St. Louis, Missouri, United States
F.A.R.E. Healthcare provides comprehensive group benefits packages, life insurance, and employee healthcare, based in St. Louis, Missouri.

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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 527 of 578
Sector (Insurance) 483 of 526
Type (Add-on Acquisition) 478 of 526
State (Missouri) 2 of 3
Country (United States) 412 of 453
Year (2023) 18 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-10 Shinstrom & Norman

Kirkland, Washington, United States

Shinstrom & Norman is an independently owned and locally operated insurance agency specializing in personal and commercial insurance services. Shinstrom & Norman was founded in 1911 and is based in Kirkland. Washington.

Buy -
FOLLOWING 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 -