M&A Deal Summary

HUB International Acquires WealthPlan Advisors

On August 3, 2022, HUB International acquired business services company WealthPlan Advisors

Acquisition Highlights
  • This is HUB International’s 31st transaction in the Business Services sector.
  • This is HUB International’s 382nd transaction in the United States.
  • This is HUB International’s 6th transaction in Arizona.

M&A Deal Summary

Date 2022-08-03
Target WealthPlan Advisors
Sector Business Services
Buyer(s) HUB International
Deal Type Add-on Acquisition
Advisor(s) Wise Rhino Group (Financial)

Target

WealthPlan Advisors

Scottsdale, Arizona, United States
WealthPlan Advisors is an independent investment advisor providing retirement plan and investment consulting, based in Scottsdale, Arizona.

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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 495 of 579
Sector (Business Services) 31 of 41
Type (Add-on Acquisition) 447 of 527
State (Arizona) 6 of 7
Country (United States) 382 of 454
Year (2022) 28 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Stop Loss Insurance Brokers

Boston, Massachusetts, United States

Stop Loss Insurance Brokers is an independent broker for medical stop loss for the self-funded municipal market and businesses throughout Massachusetts and New England. Stop Loss Insurance Brokers was founded in 1994 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Bubrig Insurance Agency

Belle Chasse, Louisiana, United States

Bubrig Insurance Agency is an independent agency providing personal insurance solutions, including home, auto, flood, life, and recreation, based in Belle Chasse, Louisiana.

Buy -