Hub International Ltd has acquired the assets of Kelliher Agencies, a Kelliher, Saskatchewan-based full-service insurance brokerage with a focus on the agribusiness industry.
No financial terms were disclosed.
Craig Bolton, co-owner of Kelliher, will join HUB International Manitoba Ltd.
Last year, Canadian long-term private equity firm Altas Partners acquired a significant minority stake in Hub, a Chicago-based insurance brokerage, joining existing owner Hellman & Friedman (H&F).
Hub International Acquires The Assets Of Saskatchewan-Based Kelliher Agencies
CHICAGO, May 6, 2019 /CNW/ — Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Kelliher Agencies. Terms of the transaction were not disclosed.
Headquartered in Kelliher, Saskatchewan, Canada, Kelliher Agencies is a full service, independent insurance brokerage that provides personal, commercial, farm and specialty products insurance. Its focus on the agribusiness industry supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities. Craig Bolton, co-owner of Kelliher Agencies, will join HUB International Manitoba Limited.
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.
Media: Marni Gordon
M&A: Clark Wormer