M&A Deal Summary

HUB International Acquires Global Ag Risk Solutions

On November 5, 2024, HUB International acquired insurance company Global Ag Risk Solutions

Acquisition Highlights
  • This is HUB International’s 522nd transaction in the Insurance sector.
  • This is HUB International’s 121st transaction in Canada.
  • This is HUB International’s 16th transaction in Saskatchewan.

M&A Deal Summary

Date 2024-11-05
Target Global Ag Risk Solutions
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Global Ag Risk Solutions

Moose Jaw, Saskatchewan, Canada
Global Ag Risk Solutions provides industry-leading whole-farm insurance solutions, including parametric solutions and weather modeling technology, to help clients protect the cost of crops and their profit. Global Ag Risk Solutions was founded in 2009 and is based in Moose Jaw, Saskatchewan.

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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 574 of 576
Sector (Insurance) 522 of 524
Type (Add-on Acquisition) 522 of 524
State (Saskatchewan) 16 of 16
Country (Canada) 121 of 121
Year (2024) 36 of 38
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-04 Western Growers Insurance Services

California, United States

Western Growers Insurance Services provides full-service risk mitigation and management solutions, including insurance products and employee benefits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-11 ANCO Insurance

Bryan, Texas, United States

ANCO Insurance is an independent insurance brokerage in the state that offers solutions for employee benefits, business, and personal insurance coverage. ANCO Insurance was formed in 1873 and is headquartered in Bryan, Texas.

Buy -