M&A Deal Summary

HUB International Acquires MPE Employee Benefit Services

On January 18, 2021, HUB International acquired business services company MPE Employee Benefit Services

Acquisition Highlights
  • This is HUB International’s 22nd transaction in the Business Services sector.
  • This is HUB International’s 309th transaction in the United States.
  • This is HUB International’s 7th transaction in Mississippi.

M&A Deal Summary

Date 2021-01-18
Target MPE Employee Benefit Services
Sector Business Services
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

MPE Employee Benefit Services

Ridgeland, Mississippi, United States
MPE Employee Benefit Services is a third-party administrator (TPA) providing administration services and employee benefit plan design and solutions to employers throughout the Southeast. MPE Employee Benefit Services is based in Ridgeland, Mississippi.

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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 414 of 576
Sector (Business Services) 22 of 41
Type (Add-on Acquisition) 370 of 524
State (Mississippi) 7 of 7
Country (United States) 309 of 451
Year (2021) 9 of 62
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-15 Commercial Insurance Brokers

El Paso, Texas, United States

Commercial Insurance Brokers, Inc. is a locally owned, independent insurance agency that provides commercial and personal insurance solutions. Commercial Insurance Brokers was founded in 2006 and is based in El Paso, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 Shields Insurance Agency

Birmingham, Alabama, United States

Shields Insurance Agency is independently owned and provides innovative solutions tailored to their clients’ specific insurance needs, including personal and business. Shields Insurance Agency is based in Birmingham, Alabama.

Buy -