M&A Deal Summary

HUB International Acquires Gwaltney & Associates

On March 3, 2016, HUB International acquired insurance company Gwaltney & Associates

Acquisition Highlights
  • This is HUB International’s 190th transaction in the Insurance sector.
  • This is HUB International’s 158th transaction in the United States.
  • This is HUB International’s 3rd transaction in Arkansas.

M&A Deal Summary

Date 2016-03-03
Target Gwaltney & Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Gwaltney & Associates

Anchorage, Arkansas, United States
Gwaltney & Associates, Inc. is a provider of commercial lines insurance.

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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 194 of 576
Sector (Insurance) 190 of 524
Type (Add-on Acquisition) 168 of 524
State (Arkansas) 3 of 7
Country (United States) 158 of 451
Year (2016) 7 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 Greene-Hazel & Associates

Jacksonville, Florida, United States

Greene-Hazel & Associates, Inc. is a provider of multi-line insurance including property and casualty, personal lines and employee benefits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 BenefitsMart

Burlington, Massachusetts, United States

BenefitsMart LLC is specializes in employee benefits and provides a full range of services to its clients including insurance, compliance, wellness, and benefits administration.

Buy -