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.
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Hub International Acquires Assets of Jerry Baird Insurance Agency and Baird Crop Insurance Agency
October 11, 2021
Insurance
Hub International Limited acquired the assets of Jerry Baird Insurance Agency and Baird Crop Insurance Agency, two Fresno-based agencies specializing in crop and commercial insurance for the agribusiness and farm sector. The deal expands Hub's agribusiness and farm insurance capabilities in California; Jace Baird, President of Baird, and his team will join Hub California.
-
Hub International Acquires CAPAX Management and Insurance Services, Inc.
January 8, 2021
Insurance
Hub International Limited acquired CAPAX Management and Insurance Services, Inc., a Modesto, California-based insurance brokerage and employee benefits consulting firm. Terms were not disclosed; CAPAX will join Hub California with CAPAX President Joel Geddes III reporting to Michael Der Manouel, strengthening Hub’s capabilities in captive solutions and the Central California agribusiness market.
-
Hub International Acquires Assets of Bolds Risk & Insurance Services
March 11, 2024
Financial Services
Hub International Limited has acquired the assets of Bolds Risk & Insurance Services, an independent commercial and personal insurance and risk management firm based in Larkspur, California. Ron Bolds and the Bolds Risk team will join Hub Central & Northern California, expanding Hub's commercial insurance and risk management presence in the Bay Area; terms were not disclosed.
-
Hub International Acquires Der Manouel Insurance & Financial Services
February 6, 2018
Insurance
Hub International Limited acquired the assets of Der Manouel Insurance & Financial Services, Inc., a Fresno-based multi-line insurance brokerage with an office in Pleasanton, California. The deal — terms not disclosed — brings DMIG's leadership and staff into Hub California to strengthen Hub's Central Valley footprint and expand its vertical-market capabilities.
-
Hub International Acquires TAS Insurance Services, Inc.
July 16, 2024
Insurance
Hub International Limited has acquired the assets of TAS Insurance Services, Inc., a Costa Mesa, California-based provider of group/employer health benefits and annuities. Tim Skaggs, the owner, and the TAS team will join Hub Southern California; terms were not disclosed.
-
Hub International Acquires Assets of Briargate Insurance Services, Inc.
January 8, 2020
Insurance
Hub International Limited (Hub) acquired the assets of Briargate Insurance Services, Inc., an independent insurance agency based in Chicago Heights, Illinois. Mike Ziegler, the owner of Briargate Insurance, will join Hub Midwest as part of the transaction; terms were not disclosed.
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.