Add-on Acquisition • Insurance

HUB International Acquires Forum Risques et Assurance

On January 10, 2019, HUB International acquired insurance company Forum Risques et Assurance

Acquisition Context
  • This is HUB International’s 304th transaction in the Insurance sector.
  • This is HUB International’s 70th transaction in Canada.
  • This is HUB International’s 4th transaction in Quebec.

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M&A Deal Summary

Date January 10, 2019
Target Forum Risques et Assurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target Company

Forum Risques et Assurance

Montreal, Quebec, Canada
Forum Risques et Assurance, Inc. is a boutique insurance brokerage and risk management firm. Forum Risques et Assurance is based in Montreal, Quebec.
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Buyer Overview 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 Context for Buyer #
Overall 315 of 602
Sector: Insurance 304 of 547
Type: Add-on Acquisition 280 of 550
State: Quebec 4 of 12
Country: Canada 70 of 122
Year: 2019 4 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-09 Sheridan Road Financial

Northbrook, Illinois, United States

Sheridan Road Financial LLC is an institutional investment consulting and private wealth firm offering investment management, retirement plan expertise, fiduciary services, wealth management, financial and retirement services planning and specialized executive benefit services. Sheridan Road Financial LLC was founded in 2005 and is based in Northbrook, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-04 US Insurance Source

Spring, Texas, United States

US Insurance Source LLC is an independent insurance agency specializing in commercial insurance, including trucking insurance. USIS provides a comprehensive offering of coverages to help protect owner-operators, fleet managers and related freight and trucking companies.

Buy -