M&A Deal Summary

HUB International Acquires Fairfield County Bank Insurance Services

On December 10, 2024, HUB International acquired insurance company Fairfield County Bank Insurance Services

Acquisition Highlights
  • This is HUB International’s 526th transaction in the Insurance sector.
  • This is HUB International’s 453rd transaction in the United States.
  • This is HUB International’s 4th transaction in Connecticut.

M&A Deal Summary

Date 2024-12-10
Target Fairfield County Bank Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition
Advisor(s) B.H. Burke & Co. (Legal)

Target

Fairfield County Bank Insurance Services

Ridgefield, Connecticut, United States
Fairfield County Bank Insurance Services is an independent insurance agency providing commercial and personal insurance and employee benefits services. Fairfield County Bank Insurance Services is headquartered in Ridgefield, Connecticut.

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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 578 of 580
Sector (Insurance) 526 of 528
Type (Add-on Acquisition) 526 of 528
State (Connecticut) 4 of 4
Country (United States) 453 of 455
Year (2024) 40 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-09 Hadfield Agency

Little Rock, Arkansas, United States

Hadfield Agency is an independent, multi-line insurance agency providing commercial and personal insurance, including auto and home insurance. Hadfield Agency was founded in 1946 and is headquartered in Little Rock, Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-11 Otter Insurance Agency

Lynnwood, Washington, United States

Otter Insurance Agency is an independently owned and locally operated agency that provides commercial, auto, and home insurance. Otter Insurance Agency is headquartered in Lynnwood, Washington.

Buy -