M&A Deal Summary

HUB International Acquires Group Benefit Specialists

On July 13, 2015, HUB International acquired insurance company Group Benefit Specialists

Acquisition Highlights
  • This is HUB International’s 166th transaction in the Insurance sector.
  • This is HUB International’s 134th transaction in the United States.
  • This is HUB International’s 1st transaction in Kansas.

M&A Deal Summary

Date 2015-07-13
Target Group Benefit Specialists
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Group Benefit Specialists

Wichita, Kansas, United States
Group Benefit Specialists, Inc. is a employee benefits brokerage company.

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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 170 of 579
Sector (Insurance) 166 of 527
Type (Add-on Acquisition) 149 of 527
State (Kansas) 1 of 3
Country (United States) 134 of 454
Year (2015) 16 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 Murphy Group Holdings

Madison, Wisconsin, United States

Murphy Group Holdings is a multi-line insurance brokerage located near Madison, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-04 BW Insurance Agency

Fargo, North Dakota, United States

BW Insurance Agency is a multi-line property and casualty, personal and employee benefits insurance brokerage.

Buy -