M&A Deal Summary

HUB International Acquires Peterson Milaney Insurance Associates

On September 4, 2014, HUB International acquired insurance company Peterson Milaney Insurance Associates

Acquisition Highlights
  • This is HUB International’s 143rd transaction in the Insurance sector.
  • This is HUB International’s 112th transaction in the United States.
  • This is HUB International’s 25th transaction in California.

M&A Deal Summary
Date 2014-09-04
Target Peterson Milaney Insurance Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Peterson Milaney Insurance Associates

Westlake Village, California, United States
Peterson Milaney Insurance Associates, Inc. is a full service property and casualty brokerage also providing employee benefits and personal lines solutions, with a concentration of clients in the restaurant and hospitality industry.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 145 of 580
Sector (Insurance) 143 of 528
Type (Add-on Acquisition) 126 of 528
State (California) 25 of 79
Country (United States) 112 of 455
Year (2014) 16 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 Ballard Insurance Agency

Melbourne, Florida, United States

Ballard Insurance Agency, Inc. is a full-service, independent insurance agency, serving Brevard and surrounding counties in Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-22 Algentis

San Francisco, California, United States

Algentis LLC is an integrated HR software and services platform that seamlessly integrates payroll, benefits, insurance and HR compliance for businesses.

Buy -
Mergr

Product

Company

Legal