M&A Deal Summary

HUB International Acquires SilverStone Group

On December 4, 2019, HUB International acquired insurance company SilverStone Group

Acquisition Highlights
  • This is HUB International’s 341st transaction in the Insurance sector.
  • This is HUB International’s 273rd transaction in the United States.
  • This is HUB International’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2019-12-04
Target SilverStone Group
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

SilverStone Group

Omaha, Nebraska, United States
SilverStone Group specializes in insurance and surety, risk management, employee benefits services, retirement plans, wealth management, and estate planning. SilverStone Group is based in Omaha, Nebraska with additional offices in Council Bluffs, Iowa and Sioux Falls, South Dakota.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 361 of 580
Sector (Insurance) 341 of 528
Type (Add-on Acquisition) 322 of 528
State (Nebraska) 1 of 1
Country (United States) 273 of 455
Year (2019) 50 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-03 HMBD Insurance Services

Long Beach, California, United States

Hamman—Miller—Beauchamp—Deeble, Inc. is a full-service insurance agency, providing multi-line insurance solutions, including personal, commercial and employee benefits products, for their clients. HMBD Insurance Services is based in Long Beach, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-05 Blair Jarcik Insurance Agency

Novato, California, United States

Blair Jarcik Insurance Agency, Inc. is a full-service commercial and personal insurance agency. Blair Jarcik Insurance Agency, Inc. was founded in 1997 and is based in Novato, California.

Buy -