M&A Deal Summary

HUB International Acquires Woods Insurance Services

On January 6, 2025, HUB International acquired insurance company Woods Insurance Services

Acquisition Highlights
  • This is HUB International’s 530th transaction in the Insurance sector.
  • This is HUB International’s 457th transaction in the United States.
  • This is HUB International’s 12th transaction in New Mexico.

M&A Deal Summary

Date 2025-01-06
Target Woods Insurance Services
Sector Insurance
Buyer(s) HUB International
Deal Type Add-on Acquisition
Advisor(s) MidCap Financial (Financial)

Target

Woods Insurance Services

Farmington, New Mexico, United States
Woods Insurance Services is an independent insurance agency providing commercial and personal insurance and employee benefits services. Woods Insurance Services was founded in 1926 and is based in Farmington, New Mexico.

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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 582 of 593
Sector: Insurance M&A 530 of 541
Type: Add-on Acquisition M&A Deals 530 of 541
State: New Mexico M&A 12 of 12
Country: United States M&A 457 of 467
Year: 2025 M&A 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-17 Great Basin Insurance

Klamath Falls, Oregon, United States

Great Basin Insurance is an independent insurance agency that provides clients with personal and business insurance needs. Great Basin Insurance was founded in 1964 and is based in Klamath Falls, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-09 Byrnes Agency

Dayville, Connecticut, United States

Byrnes Agency is an insurance agency that, offers comprehensive insurance solutions for individuals and businesses. Byrnes Agency was formed in 1932 and is headquartered in Dayville, Connecticut.

Buy -