Hub International Acquires the Assets of Banyan Consulting Group, Inc.

October 6, 2017

Hub International Limited (HUB) has acquired the assets of North Carolina-based Banyan Consulting Group, Inc., a specialist in employee benefits with offices in Greensboro, Raleigh and Charlotte. Banyan's CEO Alan Overbey will join HUB Carolinas as the transaction expands HUB Carolinas' benefits operations and regional footprint across North and South Carolina. Terms were not disclosed.

Buyers
Hub International Limited, HUB Carolinas
Targets
Banyan Consulting Group, Inc.
Sellers
Banyan Consulting Group, Inc.
Industry
Insurance
Location
North Carolina, United States
Transaction Type
Buyout

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