M&A Deal Summary

HUB International Acquires Talbot Financial

On July 1, 2004, HUB International acquired insurance company Talbot Financial

Acquisition Highlights
  • This is HUB International’s 21st transaction in the Insurance sector.
  • This is HUB International’s 16th transaction in the United States.
  • This is HUB International’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2004-07-01
Target Talbot Financial
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Talbot Financial

Albuquerque,, New Mexico, United States
Talbot Financial Corp is a provider of personal and business insurance services and distributes insurance and annuity products.

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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 21 of 581
Sector (Insurance) 21 of 529
Type (Add-on Acquisition) 17 of 529
State (New Mexico) 1 of 11
Country (United States) 16 of 456
Year (2004) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-26 Phoenix Insurance Group Edmonton

Edmonton, Alberta, Canada

Phoenix Insurance Group Edmonton, Inc. offers insurance brokerage services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-12 Payne & Company Insurance Brokers

Los Angeles, California, United States

Payne & Company Insurance Brokers provides brokerage services. Payne & Company Insurance Brokers earns approximately $2 million in revenue from middle market commercial business, benefits, and personal insurance.

Buy -
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