Hub International Acquires Assets of Shattuck & Grummett Insurance
December 3, 2021
Hub International Limited acquired the assets of SGY, Inc. (d/b/a Shattuck & Grummett Insurance), a fourth-generation insurance agency based in Juneau, Alaska. The transaction brings the Shattuck & Grummett team into Hub Northwest to expand Hub's commercial, personal and employee benefits capabilities in Alaska; terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- SGY, Inc. (d/b/a Shattuck & Grummett Insurance)
- Sellers
- SGY, Inc. (d/b/a Shattuck & Grummett Insurance), John Grummett, Stacy Grummett, Rick Shattuck, Teresa Young
- Industry
- Insurance
- Location
- Alaska, United States
- Transaction Type
- Buyout
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