M&A Deal Summary

HUB International Acquires R.K. Gore & Associates

On November 13, 2024, HUB International acquired insurance company R.K. Gore & Associates

Acquisition Highlights
  • This is HUB International’s 524th transaction in the Insurance sector.
  • This is HUB International’s 451st transaction in the United States.
  • This is HUB International’s 3rd transaction in Utah.

M&A Deal Summary

Date 2024-11-13
Target R.K. Gore & Associates
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition
Advisor(s) MarshBerry Capital, Inc. (Financial)

Target

R.K. Gore & Associates

Lehi, Utah, United States
R.K. Gore & Associates is an independent insurance agency specializing in insurance solutions for the residential construction industry. R.K. Gore & Associates is based in Lehi, Utah.

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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 576 of 576
Sector (Insurance) 524 of 524
Type (Add-on Acquisition) 524 of 524
State (Utah) 3 of 3
Country (United States) 451 of 451
Year (2024) 38 of 38
PREVIOUS 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.

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