M&A Deal Summary

HUB International Acquires C&L Marine Insurance

On March 10, 2025, HUB International acquired insurance company C&L Marine Insurance

Acquisition Highlights
  • This is HUB International’s 538th transaction in the Insurance sector.
  • This is HUB International’s 464th transaction in the United States.
  • This is HUB International’s 29th transaction in Florida.

M&A Deal Summary

Date 2025-03-10
Target C&L Marine Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

C&L Marine Insurance

Boca Raton, Florida, United States
C&L Marine Insurance is an independent insurance brokerage and financial services firm specializing in marine insurance. C&L Marine Insurance is headquartered in Boca Raton, 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 590 of 590
Sector (Insurance) 538 of 538
Type (Add-on Acquisition) 538 of 538
State (Florida) 29 of 29
Country (United States) 464 of 464
Year (2025) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-06 Drayton Valley Insurance Agency

Drayton Valley, Alberta, Canada

Drayton Valley Insurance Agency is an independent firm providing personal and commercial insurance to clients in the region. Drayton Valley Insurance Agency is headquartered in Drayton Valley, Alberta.

Buy -