Add-on Acquisition • Insurance

Willis Group Holdings Acquires Hilb Rogal & Hobbs Co.

On October 1, 2008, Willis Group Holdings acquired insurance company Hilb Rogal & Hobbs Co. for 2.1B USD

Acquisition Context
  • This is Willis Group Holdings’ 3rd transaction in the Insurance sector.
  • This is Willis Group Holdings’ largest (disclosed) transaction.
  • This is Willis Group Holdings’ 3rd transaction in the United States.

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M&A Deal Summary

Date October 1, 2008
Target Hilb Rogal & Hobbs Co.
Sector Insurance
Buyer(s) Willis Group Holdings
Deal Type Add-on Acquisition
Deal Value 2.1B USD

Target Company

Hilb Rogal & Hobbs Co.

United States
Hilb Rogal & Hobbs Company engages in insurance and risk management intermediaries.
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Buyer Overview 1

Buyer

Willis Group Holdings

London, United Kingdom

Category Company
Founded 1828
Sector Financial Services
Employees18,400
Revenue 3.8B USD (2014)
DESCRIPTION

Willis Group Holdings Public Limited Company provides insurance brokerage, reinsurance, and risk management consulting services worldwide.


Deal Context for Buyer #
Overall 4 of 24
Sector: Insurance 3 of 13
Type: Add-on Acquisition 4 of 18
Country: United States 3 of 7
Year: 2008 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-03 Burkart Risk Consulting & Partner AG

Switzerland

Burkart Risk Consulting & Partner AG is an independent consulting company, BRP ranks as one of Switzerland’s major insurance brokers and has access to insurance markets across the globe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-12 Broking Italia s.r.l.

Rome, Italy

Broking Italia s.r.l. offers insurance brokerage services for firms, families and Supplementary Pension Funds and Health Care.

Buy -