M&A Deal Summary

HUB International Acquires Harmonia Corretora de Seguros e Resseguros

On December 13, 2011, HUB International acquired insurance company Harmonia Corretora de Seguros e Resseguros

Acquisition Highlights
  • This is HUB International’s 95th transaction in the Insurance sector.
  • This is HUB International’s 1st transaction in Brazil.

M&A Deal Summary

Date 2011-12-13
Target Harmonia Corretora de Seguros e Resseguros
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Harmonia Corretora de Seguros e Resseguros

São Paulo, Brazil
Harmonia is one of the independent brokerage firms in Brazil, offering a broad suite of insurance solutions to , its clients, which include individuals and Brazilian and multinational companies across many industries.

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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 founded in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 96 of 602
Sector: Insurance M&A 95 of 547
Type: Add-on Acquisition M&A Deals 81 of 550
Country: Brazil M&A 1 of 1
Year: 2011 M&A 27 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-06 Accountable Insurance Agency

Calhoun, Georgia, United States

Accountable Insurance Agency is a provider of personal insurance programs for individuals in the Kalispell community and throughout western Montana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-04 Associated Independent Agencies

Pullman, Washington, United States

Associated Independent Agencies, offers personal, commercial and employee benefits solutions, with a deep niche in serving the insurance and risk management needs of small businesses, including the crop industry.

Buy -