M&A Deal Summary

HUB International Acquires Shofner Lynch & Shulse

On June 4, 2015, HUB International acquired insurance company Shofner Lynch & Shulse

Acquisition Highlights
  • This is HUB International’s 162nd transaction in the Insurance sector.
  • This is HUB International’s 130th transaction in the United States.
  • This is HUB International’s 7th transaction in New Mexico.

M&A Deal Summary

Date 2015-06-04
Target Shofner Lynch & Shulse
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Shofner Lynch & Shulse

Alamogordo, New Mexico, United States
Shofner, Lynch & Shulse LLC, is a provider of property/casualty and personal lines insurance throughout Southern New Mexico.

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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 166 of 579
Sector (Insurance) 162 of 527
Type (Add-on Acquisition) 145 of 527
State (New Mexico) 7 of 11
Country (United States) 130 of 454
Year (2015) 12 of 33
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-12 Framberger Employee Benefits & Insurance Services

San Luis Obispo, California, United States

Framberger Employee Benefits & Insurance Services, Inc. is a full-service employee benefits agency and brokerage based in San Luis Obispo, California. A long-standing member of the community, the firm specializes in health, life, dental, vision, long-term care, disability and supplemental insurance for both groups and individuals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 The HDH Group

Pittsburgh, Pennsylvania, United States

The HDH Group, Inc. is a full-service property and casualty, employee benefits and personal lines agency and brokerage services.

Buy -