M&A Deal Summary

HUB International Acquires Pinnacle Insurance Partners

On January 3, 2014, HUB International acquired insurance company Pinnacle Insurance Partners

Acquisition Highlights
  • This is HUB International’s 129th transaction in the Insurance sector.
  • This is HUB International’s 102nd transaction in the United States.
  • This is HUB International’s 2nd transaction in Michigan.

M&A Deal Summary

Date 2014-01-03
Target Pinnacle Insurance Partners
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Pinnacle Insurance Partners

Grand Rapids, Michigan, United States
Pinnacle offers property and casualty, employee benefits and personal lines products and services to a diversified client base, primarily throughout Michigan.

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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 131 of 578
Sector (Insurance) 129 of 526
Type (Add-on Acquisition) 113 of 526
State (Michigan) 2 of 11
Country (United States) 102 of 453
Year (2014) 2 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-03 Seeger Benefits & Insurance Services

Thousand Oaks,, California, United States

Seeger Benefits & Insurance Services, offers employee benefits products and services to clients throughout Northern Los Angeles and Ventura County.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-06 GNW - Evergreen Insurance Services

Encino, California, United States

GNW-Evergreen offers a wide array of commercial, personal and employee benefits insurance solutions to businesses and individuals across the country. GNW-Evergreen specializes in niche commercial offerings for the entertainment, healthcare, professional services, real estate, technology, non-profit, retail, and hospitality industries, as well as high net worth personal insurance programs.

Buy -