Add-on Acquisition • Insurance

HUB International Acquires TOS Insurance Services

On November 28, 2005, HUB International acquired insurance company TOS Insurance Services

Acquisition Context
  • This is HUB International’s 25th transaction in the Insurance sector.
  • This is HUB International’s 6th transaction in Canada.
  • This is HUB International’s 3rd transaction in British Columbia.

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M&A Deal Summary

Date November 28, 2005
Target TOS Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target Company

TOS Insurance Services

Burnaby, British Columbia, Canada
TOS Insurance Services Ltd. operates as an insurance brokerage firm that provides personal, business, and specialty solutions.
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Buyer Overview 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 founded in 1998 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 25 of 602
Sector: Insurance 25 of 547
Type: Add-on Acquisition 20 of 550
State: British Columbia 3 of 15
Country: Canada 6 of 122
Year: 2005 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-02 Ungaro & Sons Insurance Services

United States

Ungaro & Sons Insurance Services is an independent insurance broke.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-08 Impact Insurance Services

United States

Impact Insurance Services provides creditor placed insurance coverage and related insurance brokerage services to banks and other lenders.

Buy -