M&A Deal Summary

HUB International Acquires Midland Agency Insurance

On March 11, 2022, HUB International acquired insurance company Midland Agency Insurance

Acquisition Highlights
  • This is HUB International’s 441st transaction in the Insurance sector.
  • This is HUB International’s 364th transaction in the United States.
  • This is HUB International’s 3rd transaction in South Carolina.

M&A Deal Summary

Date 2022-03-11
Target Midland Agency Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Midland Agency Insurance

Columbia, South Carolina, United States
Midland Agency Insurance provides commercial and personal insurance and specializes in the agribusiness industry. Midland Agency Insurance was founded in 1985 and is based in Columbia, South Carolina.

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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 477 of 581
Sector (Insurance) 441 of 529
Type (Add-on Acquisition) 432 of 529
State (South Carolina) 3 of 6
Country (United States) 364 of 456
Year (2022) 10 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 The President s Group Life Insurance Agency

Mississauga, Ontario, Canada

The President's Group Life Insurance Agency offers life insurance products that have helped over 4,000 Canadians secure life insurance and provide their families with peace of mind. The President's Group Life Insurance Agency was founded in 1978 and is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Chun-Ha Insurance

Garden Grove, California, United States

Chun-Ha Insurance provides comprehensive insurance solutions, including commercial and personal insurance, and employee benefits services. Chun-Ha Insurance was founded in 1980 and is based in Garden Grove, California.

Buy -