M&A Deal Summary

HUB International Acquires JM Associates

On November 2, 2007, HUB International acquired insurance company JM Associates

Acquisition Highlights
  • This is HUB International’s 36th transaction in the Insurance sector.
  • This is HUB International’s 30th transaction in the United States.
  • This is HUB International’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2007-11-02
Target JM Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

JM Associates

Fort Lee, New Jersey, United States
JM Associates, Ltd. is a provider of insurance and risk management products and services.

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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 36 of 576
Sector (Insurance) 36 of 524
Type (Add-on Acquisition) 31 of 524
State (New Jersey) 1 of 3
Country (United States) 30 of 451
Year (2007) 4 of 5
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 Totten Insurance Group

London, Ontario, Canada

Totten Insurance Group Inc. operates as an insurance wholesaler or intermediary. Company provides various insurance services and products.

Buy -