Hub International Acquires Assets of Basi Insurance Services, Inc.

December 13, 2021

Hub International Limited acquired the assets of Basi Insurance Services, Inc., an Oakdale- and Manteca-based insurance agency specializing in agribusiness and farm insurance. The acquisition strengthens Hub's agribusiness and farm insurance capabilities in Northern and Central California; Randy Basi and his team will join Hub California and report to Michael Der Manouel. Terms were not disclosed and MarshBerry served as financial advisor to Basi Insurance Services.

Buyers
Hub International Limited
Targets
Basi Insurance Services, Inc.
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.