M&A Deal Summary

HUB International Acquires St. Andrews Insurance

On June 5, 2013, HUB International acquired insurance company St. Andrews Insurance

Acquisition Highlights
  • This is HUB International’s 120th transaction in the Insurance sector.
  • This is HUB International’s 24th transaction in Canada.
  • This is HUB International’s 4th transaction in Manitoba.

M&A Deal Summary

Date 2013-06-05
Target St. Andrews Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

St. Andrews Insurance

Lockport,, Manitoba, Canada
St. Andrews Insurance Ltd. provides insurance brokerage, and personal and commercial insurance products and services.

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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 122 of 572
Sector (Insurance) 120 of 520
Type (Add-on Acquisition) 104 of 521
State (Manitoba) 4 of 11
Country (Canada) 24 of 120
Year (2013) 9 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-05 Ger-Win Enterprises

Beausejour,, Manitoba, Canada

Ger-Win has a long-standing tradition of providing personal and commercial insurance products and services.

Buy -
FOLLOWING 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 -