M&A Deal Summary

HUB International Acquires Harman Agency

On September 5, 2018, HUB International acquired insurance company Harman Agency

Acquisition Highlights
  • This is HUB International’s 289th transaction in the Insurance sector.
  • This is HUB International’s 231st transaction in the United States.
  • This is HUB International’s 2nd transaction in Idaho.

M&A Deal Summary

Date 2018-09-05
Target Harman Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Harman Agency

Cottonwood, Idaho, United States
Harman Agency LLC is a full-service firm specializing in crop, farm & ranch, and livestock insurance. Harman Agency LLC was founded in 1976 and is based in Cottonwood, Idaho.

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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 295 of 576
Sector (Insurance) 289 of 524
Type (Add-on Acquisition) 262 of 524
State (Idaho) 2 of 3
Country (United States) 231 of 451
Year (2018) 31 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-09 Kilbride & Harris Insurance Services

Portland, Maine, United States

Kilbride & Harris Insurance Services LLC is a provider of multi-line insurance solutions, including Medical Malpractice, Commercial Lines and Employee Benefits products for their clients. Kilbride & Harris Insurance Services LLC was founded in 2000 and is based in Portland, Maine.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-06 Cash & Associates P.A. - Retirement Plan Consulting & Financial Services Business

Orlando, Florida, United States

Cash & Associates P.A. - Retirement Plan Consulting & Financial Services Business is an employee benefits, retirement and financial planning service provider.

Buy -