M&A Deal Summary

HUB International Acquires McFadden Insurance Agency

On September 2, 2010, HUB International acquired insurance company McFadden Insurance Agency

Acquisition Highlights
  • This is HUB International’s 64th transaction in the Insurance sector.
  • This is HUB International’s 56th transaction in the United States.
  • This is HUB International’s 1st transaction in Nevada.

M&A Deal Summary

Date 2010-09-02
Target McFadden Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

McFadden Insurance Agency

Las Vegas,, Nevada, United States
McFadden Insurance Agency is a full-service insurance agency, offering business and personal insurance, as well as employee benefits programs.

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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 64 of 581
Sector (Insurance) 64 of 529
Type (Add-on Acquisition) 54 of 529
State (Nevada) 1 of 1
Country (United States) 56 of 456
Year (2010) 9 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 Florida Federal Insurance

Boynton Beach, Florida, United States

Florida Federal Insurance focuses on personal lines insurance, primarily homeowners’ and automobile insurance, for customers throughout the South Florida region. Additionally, it also arranges commercial insurance programs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-08 Sinclair-Cockburn Property & Casualty Personal and Life Insurance Operations

Canada

Sinclair-Cockburn Property & Casualty, Personal and Life Insurance Operations is a diversified insurance and financial services company with over 15,000 customers operating throughout Canada.

Buy -