M&A Deal Summary

HUB International Acquires Sale Insurance

On April 3, 2024, HUB International acquired insurance company Sale Insurance

Acquisition Highlights
  • This is HUB International’s 499th transaction in the Insurance sector.
  • This is HUB International’s 426th transaction in the United States.
  • This is HUB International’s 28th transaction in Florida.

M&A Deal Summary

Date 2024-04-03
Target Sale Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

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.

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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 548 of 579
Sector (Insurance) 499 of 527
Type (Add-on Acquisition) 498 of 527
State (Florida) 28 of 28
Country (United States) 426 of 454
Year (2024) 10 of 41
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-21 Preferred Services Group

Cedarhurst, New York, United States

Preferred Services Group is a full-service insurance brokerage firms that provide property and casualty insurance solutions and individual and group benefits solutions including medical and ancillary such as dental, life, vision, disability, and voluntary benefits. Preferred Services Group is based in Cedarhurst, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 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.

Buy -