M&A Deal Summary

HUB International Acquires RHC Insurance Brokers

On January 7, 2020, HUB International acquired insurance company RHC Insurance Brokers

Acquisition Highlights
  • This is HUB International’s 344th transaction in the Insurance sector.
  • This is HUB International’s 86th transaction in Canada.
  • This is HUB International’s 13th transaction in British Columbia.

M&A Deal Summary

Date 2020-01-07
Target RHC Insurance Brokers
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

RHC Insurance Brokers

Nelson, British Columbia, Canada
RHC Insurance Brokers Ltd. is an independent insurance brokerage that provides personal and business insurance. RHC Insurance Brokers Ltd. was established in 1908 and is based in Nelson, British Columbia.

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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 founded in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 364 of 602
Sector: Insurance M&A 344 of 547
Type: Add-on Acquisition M&A Deals 325 of 550
State: British Columbia M&A 13 of 15
Country: Canada M&A 86 of 122
Year: 2020 M&A 2 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Cranbrook Bloomfield Insurance Agency

Bloomfield Hills, Michigan, United States

Cranbrook Bloomfield Insurance Agency LLC is an independent insurance brokerage providing personal and commercial insurance, and employee benefits solutions to individuals and businesses. Cranbrook Bloomfield Insurance Agency LLC was established in 1983 and is based in Bloomfield Hills, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-08 Briargate Insurance Services

Chicago Heights, Illinois, United States

Briargate Insurance Services, Inc. is an independent agency providing employee benefits, personal and commercial insurance, including life insurance, home, property, group health, and more. Briargate Insurance Services, Inc. was established in 1982 and is based in Chicago Heights, Illinois.

Buy -