M&A Deal Summary

HUB International Acquires Mahres & Mahres Insurance Agency

On February 1, 2012, HUB International acquired insurance company Mahres & Mahres Insurance Agency

Acquisition Highlights
  • This is HUB International’s 99th transaction in the Insurance sector.
  • This is HUB International’s 82nd transaction in the United States.
  • This is HUB International’s 2nd transaction in New Mexico.

M&A Deal Summary

Date 2012-02-01
Target Mahres & Mahres Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Mahres & Mahres Insurance Agency

Las Cruces, New Mexico, United States
Mahres & Mahres Insurance Agency offers a full range of Personal and Commercial lines 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 100 of 581
Sector (Insurance) 99 of 529
Type (Add-on Acquisition) 85 of 529
State (New Mexico) 2 of 11
Country (United States) 82 of 456
Year (2012) 4 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-01 FAS-EBA Insurance Services

Del Mar, California, United States

FAS-EBA Insurance Services, is a long-standing brokerage serving the employee benefits needs of businesses in the San Diego metropolitan area for several decades. Focusing mostly on mid-size to large employers, FAS offers a full range of customized solutions including employee benefits products and services, wellness programs, executive benefits, compliance services, retirement plans and more.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-02 Bettinson Insurance Group

Oakville, Ontario, Canada

Bettinson Insurance Group is a commercial lines brokerage with expertise in arranging coverage for the aviation industry.

Buy -