M&A Deal Summary

HUB International Acquires Stevens-Dell & Associates Insurance

On November 7, 2019, HUB International acquired insurance company Stevens-Dell & Associates Insurance

Acquisition Highlights
  • This is HUB International’s 338th transaction in the Insurance sector.
  • This is HUB International’s 270th transaction in the United States.
  • This is HUB International’s 7th transaction in Arkansas.

M&A Deal Summary

Date 2019-11-07
Target Stevens-Dell & Associates Insurance
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Stevens-Dell & Associates Insurance

Little Rock, Arkansas, United States
Stevens-Dell & Associates Insurance, Inc. is a full service, independent insurance brokerage providing personal and commercial insurance, and employee benefits solutions to individuals and businesses, having served the Little Rock area for nearly 40 years.

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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 357 of 576
Sector (Insurance) 338 of 524
Type (Add-on Acquisition) 318 of 524
State (Arkansas) 7 of 7
Country (United States) 270 of 451
Year (2019) 46 of 51
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Newsura Insurance Services - Insurance Brokerage Business

Roseville, California, United States

Newsura Insurance Services, Inc. - Insurance Brokerage Business comprises medical professional liability and associated property and casualty lines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 William R Carey

Winnipeg, Manitoba, Canada

William R Carey & Co., Inc. is an independent employee benefits consulting firm providing a broad array of benefits programs, including benefits plan consulting and group retirement services. William R Carey & Co., Inc. was founded in 1973 and is based in Winnipeg, Manitoba.

Buy -