M&A Deal Summary

HUB International Acquires Kilbride & Harris Insurance Services

On August 9, 2018, HUB International acquired insurance company Kilbride & Harris Insurance Services

Acquisition Highlights
  • This is HUB International’s 288th transaction in the Insurance sector.
  • This is HUB International’s 230th transaction in the United States.
  • This is HUB International’s 3rd transaction in Maine.

M&A Deal Summary

Date 2018-08-09
Target Kilbride & Harris Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

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.

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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 294 of 579
Sector (Insurance) 288 of 527
Type (Add-on Acquisition) 261 of 527
State (Maine) 3 of 3
Country (United States) 230 of 454
Year (2018) 30 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-08 Blackstone Insurance Benefits & Bonding

Saskatoon, Saskatchewan, Canada

Blackstone Insurance, Benefits & Bonding, Inc. is a commercial insurance and employee benefits brokerage firm. Blackstone Insurance, Benefits & Bonding, Inc. was founded in 2014 and is based in Saskatoon, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-05 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.

Buy -