M&A Deal Summary

HUB International Acquires STRATA Benefits Consulting

On February 4, 2013, HUB International acquired business services company STRATA Benefits Consulting

Acquisition Highlights
  • This is HUB International’s 2nd transaction in the Business Services sector.
  • This is HUB International’s 21st transaction in Canada.
  • This is HUB International’s 2nd transaction in Manitoba.

M&A Deal Summary

Date 2013-02-04
Target STRATA Benefits Consulting
Sector Business Services
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

STRATA Benefits Consulting

Winnipeg, Manitoba, Canada
STRATA Benefits Consulting is a employee benefits brokerage firm develops and executes strategies that enable public and private sector organizations across Canada to achieve their financial objectives.

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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 117 of 576
Sector (Business Services) 2 of 41
Type (Add-on Acquisition) 99 of 524
State (Manitoba) 2 of 11
Country (Canada) 21 of 121
Year (2013) 4 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-04 Actra Fraternal Home & Auto Insurance Business

Canada

Actra Fraternal Home & Auto Insurance Business offers various insurance services and products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-21 Advantage Insurance Services

Kirkland, Washington, United States

Advantage Insurance Services, Inc. is a insurance brokerage firm offers auto, property, automobile, business, and life and health insurance services.

Buy -