M&A Deal Summary

HUB International Acquires Right Choice Insurance Agency

On July 3, 2018, HUB International acquired insurance company Right Choice Insurance Agency

Acquisition Highlights
  • This is HUB International’s 279th transaction in the Insurance sector.
  • This is HUB International’s 228th transaction in the United States.
  • This is HUB International’s 5th transaction in Michigan.

M&A Deal Summary

Date 2018-07-03
Target Right Choice Insurance Agency
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Right Choice Insurance Agency

Warren, Michigan, United States
Right Choice Insurance Agency, Inc. is a full-service commercial and personal insurance agency. Right Choice Insurance Agency is based in Warren, Michigan.

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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 285 of 578
Sector (Insurance) 279 of 526
Type (Add-on Acquisition) 253 of 526
State (Michigan) 5 of 11
Country (United States) 228 of 453
Year (2018) 21 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-05 Flather & Perkins

Washington, District of Columbia, United States

Flather & Perkins, Inc. is a provider of commercial and personal insurance for a wide variety of nationwide clients including museums, galleries, collections and fine arts dealers. Flather & Perkins was founded in 1917 and is based in Washington, District of Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Optimum Group Benefits & Insurance Services

Coquitlam, British Columbia, Canada

Optimum Group Benefits & Insurance Services Ltd. is a provider of insurance solutions including: life insurance, disability, group employee benefits, buy-sell agreement, riffs & estate planning (RRSPs), segregated funds, mortgage protection, critical illness, RRSP loans and group benefits, tax –deferred solution. Optimum Group Benefits & Insurance Services Ltd. was founded in 2001 and is based in Coquitlam, British Columbia.

Buy -