M&A Deal Summary

HUB International Acquires Pippel Insurance Agency

On August 5, 2015, HUB International acquired insurance company Pippel Insurance Agency

Acquisition Highlights
  • This is HUB International’s 168th transaction in the Insurance sector.
  • This is HUB International’s 136th transaction in the United States.
  • This is HUB International’s 1st transaction in Arkansas.

M&A Deal Summary

Date 2015-08-05
Target Pippel Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Pippel Insurance Agency

Palmer, Arkansas, United States
Pippel Insurance Agency, Inc. is a multi-line insurance brokerage services. Pippel is a second generation agency and one of Alaska's premier full-service insurance brokerages servicing the greater Anchorage and Matanuska-Susitna Valley market.

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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 172 of 576
Sector (Insurance) 168 of 524
Type (Add-on Acquisition) 150 of 524
State (Arkansas) 1 of 7
Country (United States) 136 of 451
Year (2015) 18 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-04 BW Insurance Agency

Fargo, North Dakota, United States

BW Insurance Agency is a multi-line property and casualty, personal and employee benefits insurance brokerage.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-06 Colorado Nonprofit Insurance Agency

Denver, Colorado, United States

Colorado Nonprofit Insurance Agency, Inc. is a full-service agency offering property and casualty and employee benefits solutions to Association members.

Buy -