M&A Deal Summary

HUB International Acquires Great North Insurance

On May 5, 2022, HUB International acquired insurance company Great North Insurance

Acquisition Highlights
  • This is HUB International’s 449th transaction in the Insurance sector.
  • This is HUB International’s 372nd transaction in the United States.
  • This is HUB International’s 3rd transaction in North Dakota.

M&A Deal Summary

Date 2022-05-05
Target Great North Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Great North Insurance

West Fargo, North Dakota, United States
Great North Insurance is an independent insurance agency offering commercial, employee benefits, and personal, home, auto, and life insurance products and services. Great North Insurance was founded in 2010 and is based in West Fargo, North Dakota.

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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 485 of 581
Sector (Insurance) 449 of 529
Type (Add-on Acquisition) 439 of 529
State (North Dakota) 3 of 3
Country (United States) 372 of 456
Year (2022) 18 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 Williford Insurance Group

Greensboro, North Carolina, United States

Williford Insurance Group is an independent agency specializing in employee benefits consulting and helping its clients navigate the complicated benefits landscape. Williford Insurance Group is headquartered in Greensboro, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-06 APEX Global Benefit Management System and Related Assets

Illinois, United States

APEX Global Benefit Management System and Related Assets provides cutting-edge technology and global research solutions.

Buy -