M&A Deal Summary

HUB International Acquires Flather & Perkins

On June 5, 2018, HUB International acquired insurance company Flather & Perkins

Acquisition Highlights
  • This is HUB International’s 278th transaction in the Insurance sector.
  • This is HUB International’s 227th transaction in the United States.
  • This is HUB International’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2018-06-05
Target Flather & Perkins
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Flather & Perkins

Washington, District of Columbia, United States
Flather & Perkins, Inc. is a provider of commercial and personal insurance for a wide variety of nationwide clients including museums, galleries, collections and fine arts dealers. Flather & Perkins was founded in 1917 and is based in Washington, District of Columbia.

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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 284 of 569
Sector (Insurance) 278 of 518
Type (Add-on Acquisition) 252 of 519
State (District of Columbia) 1 of 1
Country (United States) 227 of 445
Year (2018) 20 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-08 Barnett Corporate Insurers

Memphis, Tennessee, United States

Barnett Corporate Insurers LLC is a designer, implementation and administration of insurance plans and wellness programs. Barnett Corporate Insurers is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 Right Choice Insurance Agency

Warren, Michigan, United States

Right Choice Insurance Agency, Inc. is a full-service commercial and personal insurance agency. Right Choice Insurance Agency is based in Warren, Michigan.

Buy -