M&A Deal Summary

HUB International Acquires M.B.I. Group

On April 4, 2019, HUB International acquired insurance company M.B.I. Group

Acquisition Highlights
  • This is HUB International’s 313th transaction in the Insurance sector.
  • This is HUB International’s 250th transaction in the United States.
  • This is HUB International’s 4th transaction in Mississippi.

M&A Deal Summary

Date 2019-04-04
Target M.B.I. Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

M.B.I. Group

Flowood, Mississippi, United States
M.B.I. Group LLC is an independent insurance firm, offering personal insurance solutions, including real estate, auto, umbrella and life insurance products. M.B.I. Group LLC is based in Flowood, Mississippi.

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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 325 of 578
Sector (Insurance) 313 of 526
Type (Add-on Acquisition) 289 of 526
State (Mississippi) 4 of 7
Country (United States) 250 of 453
Year (2019) 14 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-03 Premiere Risk Management

Lisle, Illinois, United States

Premiere Risk Management is a full-service commercial insurance broker providing all lines of property and casualty coverage to the transportation industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-05 Corey Steinbach Insurance Agency

Felton, Minnesota, United States

Corey Steinbach Insurance Agency LLC is a full-service firm specializing in crop insurance. Corey Steinbach Insurance Agency LLC is based in Felton, Minnesota.

Buy -