Chubb to Acquire Liberty Mutual P&C Insurance Businesses in Thailand and Vietnam

Liberty Mutual to Acquire State Auto Group

July 12, 2021

Insurance

Liberty Mutual Holding Company, State Automobile Mutual Insurance Company, and State Auto Financial announced they have signed a definitive agreement to acquire State Auto Group, a super-regional property and casualty insurance holding company headquartered in Columbus, Ohio. The deal includes Liberty Mutual’s purchase of all publicly held shares of State Auto Financial for $52 per share in cash and is expected to close in 2022, subject to approvals and customary closing conditions.

DMG Bancshares Inc. to Acquire Liberty Bancorp in All-Cash Merger

February 28, 2022

Financial Services

DMG Bancshares Inc. signed a definitive merger agreement to acquire Liberty Bancorp (Liberty Bank) in an all-cash transaction valued at approximately $31.2 million in base consideration. The deal includes potential additional cash consideration of up to approximately $2.9 million based on certain events and is expected to close in the summer of 2022, subject to approvals.

APi Group Acquires Chubb Fire & Security Business from Carrier

January 3, 2022

Industrial Services

APi Group Corporation has completed its acquisition of the Chubb fire and security business from Carrier Global Corporation for an enterprise value of $3.1 billion. The deal adds roughly 13,000 employees and extensive fire/security installation, monitoring and maintenance capabilities across 17 countries, strengthening APi's recurring-services life-safety platform and international footprint.

Hub International Acquires Chun-Ha Insurance Services, Inc.

July 4, 2022

Insurance

Hub International Limited has acquired Chun-Ha Insurance Services, Inc., a Garden Grove, California-based insurance agency that serves the Korean-American community. The transaction (terms undisclosed) brings Chun-Ha's team into Hub's Los Angeles/Orange County organization to expand commercial and personal insurance capabilities; Chun-Ha was represented by Marsh Berry.

Arthur J. Gallagher & Co. Acquires THB Chile

November 21, 2024

Insurance

Arthur J. Gallagher & Co. acquired Santiago, Chile-based THB Chile, a retail insurance broker that provides property/casualty, life and health benefits, and reinsurance services. Terms were not disclosed; Gallagher said the deal expands its retail and reinsurance brokerage operations in Chile.

Hilb Group Acquires Massachusetts-based Property and Casualty Business

January 1, 2025

Insurance

The Hilb Group announced it has acquired a Massachusetts-based property and casualty insurance business effective January 1, 2025, expanding the firm's P&C footprint in New England. Hilb Group, a Richmond, Virginia-based insurance brokerage and advisory firm that is a portfolio company of The Carlyle Group, said the deal adds to its regional offerings as part of an ongoing acquisition strategy.