M&A Deal Summary

HUB International Acquires Medley/Turrentine & Associates

On December 6, 2016, HUB International acquired insurance company Medley/Turrentine & Associates

Acquisition Highlights
  • This is HUB International’s 215th transaction in the Insurance sector.
  • This is HUB International’s 178th transaction in the United States.
  • This is HUB International’s 3rd transaction in Oklahoma.

M&A Deal Summary

Date 2016-12-06
Target Medley/Turrentine & Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Medley/Turrentine & Associates

Oklahoma City, Oklahoma, United States
Medley/Turrentine & Associates LLC is specialize in property and casualty insurance solutions, as well as employee benefits.

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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 219 of 581
Sector (Insurance) 215 of 529
Type (Add-on Acquisition) 189 of 529
State (Oklahoma) 3 of 4
Country (United States) 178 of 456
Year (2016) 32 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 A.I.R. Insurance Marketing

United States

A.I.R. Insurance Marketing, Inc. is an insurance solutions provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-30 Tevis Insurance Solutions

Roseville, California, United States

Tevis Insurance Solutions LLC is specializes in providing employee benefits to a range of clients and industries further expanding Hub’s footprint in the region.

Buy -