HUB International - M&A Summary, Ownership, and Business Overview

InsuranceCompany

HUB International M&A Summary

HUB International has acquired 602 companies of its own, including 240 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.

HUB International’s largest acquisition to date was in 2001, when it acquired Kaye Group for $128M. HUB International has acquired in 49 different US states, and 4 countries. The Company’s most targeted sectors include insurance (91%) and business services (8%).

HUB International Ownership

Who owns HUB International?

HUB International is owned by Altas Partners, HarbourVest Partners and Hellman & Friedman. It was acquired on August 5, 2013.

Is HUB International PE-backed?

Yes. HUB International is owned by private equity investors Altas Partners, HarbourVest Partners and Hellman & Friedman.

Was HUB International formerly PE-backed?

Yes. HUB International was formerly owned by 1 private investor.

HUB International Business Overview

Where is HUB International headquartered?

HUB International is headquartered in Chicago, Illinois.

What is HUB International’s revenue?

HUB International disclosed revenue of 2,150M USD for 2018 and 1,200M USD for 2013.

How many employees does HUB International have?

HUB International has 10,000 employees.

What sector is HUB International in?

HUB International is an insurance company.

When was HUB International founded?

HUB International was founded in 1998.

M&A Summary

  • M&A Total Activity605
    • M&A Buy Activity602
    • M&A Sell Activity3
  • Total Sectors Invested 7
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 49

HUB International

HUB International Ltd.

150 North Riverside Plaza 17th Floor,
Chicago, Illinois 60606
United States,
(877) 402-6601
www.hubinternational.com

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.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (39.4/yr) # 405 62 42 29 43 21 602
vol $130M $130M
Sell (0.2/yr) # 2 - 1 - - - 3
  605

Most Recent M&A

Company Date Value Type
Veripax Wealth Management, Inc. 2025-06-09 - Add-on Acquisition
Folsom, California · www.veripax.net
Wycoff Insurance Agency, Inc. 2025-06-05 - Add-on Acquisition
Mount Vernon, Washington · www.wycoffinsurance.com
Scott Held Insurance Agency, Inc. 2025-06-04 - Add-on Acquisition
Carlsbad, California
Fenner & Esler Insurance 2025-06-03 - Add-on Acquisition
Oradell, New Jersey · www.fenner-esler.com
Fifth Avenue Insurance Agency 2025-05-16 - Add-on Acquisition
Tulsa, Oklahoma · www.fifthavenueagency.com
Prestige Wealth Partners LLC 2025-05-08 - Add-on Acquisition
Fort Lauderdale, Florida
FGLP Equity Partners LLC 2025-05-07 - Add-on Acquisition
Lake Charles, Louisiana · www.demarieinsurance.com
EB Specialists, Inc. 2025-05-06 - Add-on Acquisition
King George, Virginia · www.guruofinsurance.com
Allegiant Global Partners, Inc 2025-05-05 - Add-on Acquisition
Boston, Massachusetts · www.allegiantglobalpartners.com
Employee Benefit Associates, Inc. 2025-04-08 - Add-on Acquisition
Lexington, Kentucky · www.ebaky.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Summit Financial Corp. 2017-11-27 MVB Bank’s Southern West Virginia Community Banking Operations 2021-04-23 2
Burlington, Massachusetts · www.summitfinancialcorp.com Charleston, West Virginia
Summit Financial Corp. 2017-11-27 MVB Financial Corp. - Four WV Eastern Panhandle Banking Centers 2020-04-24 1
Burlington, Massachusetts · www.summitfinancialcorp.com Martinsburg, West Virginia
MDW Insurance Group, Inc. 2016-12-05 A.I.R. Insurance Marketing, Inc. 2016-12-05 2
Coral Gables, Florida · www.mdwinsurance.com , United States
MDW Insurance Group, Inc. 2016-12-05 Agents Insurance Resources, Inc. 2016-12-05 1
Coral Gables, Florida · www.mdwinsurance.com Coral Gables, Florida
St. Andrews Insurance Ltd. 2013-06-05 St. Andrews Book Of Commercial Line Business 2014-05-02 1
Lockport,, Manitoba , Canada

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 547 (91%) 130M (100%) 3 (100%) -
Business Services 43 (7%) - - -
Financial Services 8 (1%) - - -
Healthcare Services 1 (< 1%) - - -
Information Technology 1 (< 1%) - - -
Infrastructure 1 (< 1%) - - -
Software 1 (< 1%) - - -
Total 602 $130M 3 -

By Geo

State/Country Buy Value Sell Value
United States 476 128M 3 -
  California 82 - 1 -
  Florida 30 - - -
  Massachusetts 28 - - -
  Washington 26 - 1 -
  New York 25 128M - -
  Illinois 23 - - -
  Pennsylvania 16 - - -
  Texas 15 - - -
  Maryland 15 - - -
  New Mexico 12 - - -
  Montana 11 - - -
  Michigan 11 - - -
  Louisiana 11 - - -
  Virginia 9 - - -
  Georgia 9 - - -
  Colorado 9 - - -
  Oregon 8 - - -
  Arkansas 8 - - -
  North Carolina 8 - - -
  Mississippi 8 - - -
  Tennessee 7 - - -
  Arizona 7 - - -
  Indiana 6 - - -
  South Carolina 6 - - -
  Wisconsin 5 - - -
  Connecticut 5 - - -
  Oklahoma 5 - - -
  Missouri 5 - - -
  Alaska 4 - - -
  New Jersey 4 - - -
  Kentucky 4 - - -
  Kansas 3 - - -
  Idaho 3 - - -
  Vermont 3 - - -
  Utah 3 - - -
  North Dakota 3 - - -
  Alabama 3 - - -
  New Hampshire 3 - - -
  Maine 3 - - -
  Wyoming 2 - - -
  Ohio 2 - - -
  Minnesota 2 - - -
  Rhode Island 1 - 1 -
  Iowa 1 - - -
  District of Columbia 1 - - -
  Delaware 1 - - -
  Nevada 1 - - -
  Nebraska 1 - - -
Canada 122 2M - -
  Ontario 33 2M - -
  Alberta 27 - - -
  Saskatchewan 16 - - -
  British Columbia 15 - - -
  Quebec 12 - - -
  Manitoba 11 - - -
  Nova Scotia 2 - - -
  New Brunswick 1 - - -
Puerto Rico 3 - - -
Brazil 1 - - -
Domestic 476 (79%) 128M (99%) 3 (100%) -
Cross-border 126 (21%) 2M (1%) - -
Total 602 $130M 3 -

Deal Values

buy # Total
$100M to $1B 1 $128M
< $100M 1 $2M
TOTAL $130M
Largest Kaye Group, Inc.
$128M (2001-06-28)

M&A Connections

Deals
Acquired from
Investor(s)
< 1%
1 (< 1%)
Strategic(s)
8%
51 (8%)
Divested to
Strategic(s)
100%
3 (100%)

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