Hub International Acquires AFS 401(k) Retirement Services and AFS Financial Group
December 4, 2023
Hub International Limited has acquired the assets of AFS 401(k) Retirement Services, LLC and AFS Financial Group, LLC, two Bethesda, Maryland-based retirement plan consulting and wealth management firms. The acquisition will expand Hub's Retirement and Private Wealth capabilities and integrate the AFS team into Hub's Mid-Atlantic practice; terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- AFS 401(k) Retirement Services, LLC, AFS Financial Group, LLC
- Sellers
- AFS 401(k) Retirement Services, LLC, AFS Financial Group, LLC
- Industry
- Financial Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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