Hub International Acquires Assets of The Spofford Group Insurance Brokerage, Ltd.
December 17, 2021
Hub International Limited acquired the assets of The Spofford Group Insurance Brokerage, Ltd., a Hingham, Massachusetts-based specialty insurance broker focused on management liability and financial institutions. Rob Spofford and the Spofford Group team will join Hub New England to deepen Hub’s financial institutions specialty practice; terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- The Spofford Group Insurance Brokerage, Ltd.
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Hub International Acquires Assets of Horizon Insurance, Inc.
August 9, 2023
Insurance
Hub International Limited, through its Hub International New England affiliate, has acquired the assets of Worcester-based Horizon Insurance, Inc. The deal brings Orieta Kristo and the Horizon team into Hub New England to expand Hub’s personal and commercial insurance capabilities and strengthen its presence in Worcester and Central Massachusetts; terms were not disclosed.
-
Hub International Acquires Assets of D'Onofrio Insurance Inc.
October 13, 2023
Insurance
Hub International Limited acquired the assets of D'Onofrio Insurance Inc., an independent commercial and personal insurance firm based in Laval, Quebec. The D'Onofrio team, led by owner Marco D'Onofrio, will join Hub Quebec as part of Hub's ongoing efforts to expand its geographic footprint and strengthen its commercial and personal insurance capabilities in the region; terms were not disclosed.
-
Hub International Acquires Integrated Benefits Group Insurance Brokerage, Inc.
July 12, 2024
Insurance
Hub International Limited acquired the assets of Integrated Benefits Group Insurance Brokerage, Inc. (IBG), an employee and group benefits broker based in Stoneham, Massachusetts. The IBG team, led by CEO Tony Maffeo, will join Hub New England; financial terms were not disclosed.
-
Hub International Acquires Assets of Safe Harbour Group, Ltd.
October 12, 2021
Insurance
Hub International Limited acquired the assets of Safe Harbour Group, Ltd., an independent insurance agency based in New City, New York. The Safe Harbour team will join Hub Northeast to strengthen Hub’s real estate and specialty insurance capabilities; terms were not disclosed.
-
Hub International Acquires Assets of Sandy Spring Insurance Corp
June 2, 2022
Insurance
Hub International Limited acquired the assets of Sandy Spring Insurance Corporation, a subsidiary of Sandy Spring Bank, in a transaction announced June 2, 2022; terms were not disclosed. The Annapolis-based team will join Hub Mid-Atlantic as Hub expands its commercial and personal insurance capabilities in the region.
-
Hub International Acquires Summit Financial Corporation and Summit Financial Insurance Agency
November 27, 2017
Insurance
Hub International Limited acquired the assets of Massachusetts-based Summit Financial Corporation and Summit Financial Insurance Agency, Inc., expanding Hub's retirement and employee benefits capabilities in New England. Summit, founded in 1993 and headquartered in Burlington, Massachusetts, will join Hub's New England retirement and benefits operations with its leadership and staff continuing to operate from existing offices.
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.