M&A Deal Summary

HUB International Acquires Southeastern Insurance Services

On July 3, 2013, HUB International acquired insurance company Southeastern Insurance Services

Acquisition Highlights
  • This is HUB International’s 122nd transaction in the Insurance sector.
  • This is HUB International’s 26th transaction in Canada.
  • This is HUB International’s 5th transaction in Manitoba.

M&A Deal Summary

Date 2013-07-03
Target Southeastern Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Southeastern Insurance Services

Steinbach, Manitoba, Canada
Southeastern Insurance Services is a full-service insurance brokerage firm.

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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 124 of 578
Sector (Insurance) 122 of 526
Type (Add-on Acquisition) 106 of 526
State (Manitoba) 5 of 11
Country (Canada) 26 of 121
Year (2013) 11 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 The Dorsey Group

Brantford, Ontario, Canada

The Dorsey Group is a insurance brokerage firm offering personal and commercial products and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-01 The Unity Group

Bellingham, Washington, United States

The Unity Group Inc is an independent insurance agencies in the state of Washington. They serve the insurance needs of a well-diversified and loyal client base including businesses and individuals throughout the Bellingham area and Puget Sound region.

Buy -