M&A Deal Summary

HUB International Acquires Marwil & Associates

On October 11, 2017, HUB International acquired insurance company Marwil & Associates

Acquisition Highlights
  • This is HUB International’s 254th transaction in the Insurance sector.
  • This is HUB International’s 209th transaction in the United States.
  • This is HUB International’s 3rd transaction in Michigan.

M&A Deal Summary

Date 2017-10-11
Target Marwil & Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Marwil & Associates

Farmington Hills, Michigan, United States
Marwil & Associates LLC is specialize in the customization, implementation and ongoing administration of benefit programs that make perfect sense for each client individually. Marwil & Associates is based in Farmington Hills, 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 founded in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 258 of 602
Sector: Insurance M&A 254 of 547
Type: Add-on Acquisition M&A Deals 226 of 550
State: Michigan M&A 3 of 11
Country: United States M&A 209 of 476
Year: 2017 M&A 38 of 44
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-09 Kenneth A. Murray Insurance

Fairbanks, Alaska, United States

Kenneth A. Murray Insurance, Inc. is specializes in commercial, personal lines, life and health, as well as bonding insurance solutions. Kenneth A. Murray Insurance was founded in 1939 and is based in Fairbanks, Alaska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 Graffam Insurance Group

Cumberland Center, Michigan, United States

Graffam Insurance Group LLC is specializes in employee benefits and services businesses in Maine and New Hampshire.

Buy -