M&A Deal Summary

HUB International Acquires E.J. Wells Insurance Agency

On May 2, 2014, HUB International acquired insurance company E.J. Wells Insurance Agency

Acquisition Highlights
  • This is HUB International’s 138th transaction in the Insurance sector.
  • This is HUB International’s 108th transaction in the United States.
  • This is HUB International’s 5th transaction in Massachusetts.

M&A Deal Summary

Date 2014-05-02
Target E.J. Wells Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

E.J. Wells Insurance Agency

Westford, Massachusetts, United States
E.J. Wells Insurance Agency, Inc. is a provider of full-service insurance brokerage firm. E.J. Wells offers property and casualty, employee benefits and personal insurance to businesses and individuals.

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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 founded in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 140 of 602
Sector: Insurance M&A 138 of 547
Type: Add-on Acquisition M&A Deals 121 of 550
State: Massachusetts M&A 5 of 28
Country: United States M&A 108 of 476
Year: 2014 M&A 11 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-02 St. Andrews Book Of Commercial Line Business

Canada

St. Andrews Book Of Commercial Line Business, comprises book of commercial line business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-03 Fox/Everett

Ridgeland, Mississippi, United States

Fox/Everett, Inc. is a provider in commercial and personal property & casualty insurance brokerage with industry specialists in healthcare, construction, financial services and transportation. Fox/Everett is also recognized as a specialist and provider in employee benefits, third party administration and retirement plan consulting & administration.

Buy -