M&A Deal Summary

HUB International Acquires First Santa Fe Insurance Services

On May 3, 2016, HUB International acquired insurance company First Santa Fe Insurance Services

Acquisition Highlights
  • This is HUB International’s 194th transaction in the Insurance sector.
  • This is HUB International’s 161st transaction in the United States.
  • This is HUB International’s 8th transaction in New Mexico.

M&A Deal Summary

Date 2016-05-03
Target First Santa Fe Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

First Santa Fe Insurance Services

Albuquerque, New Mexico, United States
First Santa Fe Insurance Services, Inc. is specializes in providing commercial and personal 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 198 of 576
Sector (Insurance) 194 of 524
Type (Add-on Acquisition) 172 of 524
State (New Mexico) 8 of 11
Country (United States) 161 of 451
Year (2016) 11 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-05 Harmony Insurance

Hinton, Alberta, Canada

Harmony Insurance Ltd. is a provider of commercial lines insurance for small businesses and personal insurance solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 1st Alaska Insurance

Soldotna, Arkansas, United States

1st Alaska Insurance LLC is specializes in providing personal lines insurance solutions.

Buy -