M&A Deal Summary

HUB International Acquires Hibernia Insurance Agency

On March 1, 2007, HUB International acquired insurance company Hibernia Insurance Agency

Acquisition Highlights
  • This is HUB International’s 34th transaction in the Insurance sector.
  • This is HUB International’s 28th transaction in the United States.
  • This is HUB International’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2007-03-01
Target Hibernia Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Hibernia Insurance Agency

Metairie, Louisiana, United States
Hibernia Insurance Agency, L.L.C. offers insurance brokerage, risk management, and employee benefits services for businesses.

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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 34 of 581
Sector (Insurance) 34 of 529
Type (Add-on Acquisition) 29 of 529
State (Louisiana) 1 of 10
Country (United States) 28 of 456
Year (2007) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 Coburn Insurance Agency

Colchester, Vermont, United States

Coburn Insurance Agency, Inc. offers transportation insurance in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-01 Milne & BNC Insurance Services

Phoenix, Arizona, United States

Milne & BNC Insurance Services,operates as an insurance brokerage firm in the United States.

Buy -