Hub International Acquires the Assets of Colton Insurance Associates (Ponce de Leon Insurance Group)
June 6, 2017
Hub International Limited acquired the assets of The Ponce de Leon Insurance Group, Inc. d/b/a Colton Insurance Associates, a personal-lines insurance agency based in Elk Grove, California. The Colton team will join Hub’s Sacramento operations as part of Hub’s strategy to expand its geographic footprint and personal-lines capabilities; terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- The Ponce de Leon Insurance Group, Inc. (d/b/a Colton Insurance Associates)
- Sellers
- The Ponce de Leon Insurance Group, Inc. (d/b/a Colton Insurance Associates)
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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