M&A Deal Summary

HUB International Acquires Pollock Insurance

On April 4, 2024, HUB International acquired insurance company Pollock Insurance

Acquisition Highlights
  • This is HUB International’s 500th transaction in the Insurance sector.
  • This is HUB International’s 427th transaction in the United States.
  • This is HUB International’s 24th transaction in Washington.

M&A Deal Summary

Date 2024-04-04
Target Pollock Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Pollock Insurance

Burien, Washington, United States
Pollock Insurance is an independently owned and locally operated agency specializing in commercial and personal insurance services. Pollock Insurance was established in 1948 and located in Burien, Washington.

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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 549 of 580
Sector (Insurance) 500 of 528
Type (Add-on Acquisition) 499 of 528
State (Washington) 24 of 25
Country (United States) 427 of 455
Year (2024) 11 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-03 Sale Insurance

Lakeland, Florida, United States

Sale Insurance is an independent insurance agency that provides commercial insurance for businesses and high-net-worth personal insurance for private clients. Sale Insurance was founded in 1953 and is based in Lakeland, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 Merriwether & Williams

San Francisco, California, United States

Merriwether & Williams provides contractor development & bonding programs, aligned risk management and special project consulting, and insurance brokerage services. Merriwether & Williams is based in San Francisco, California.

Buy -