Hub International Acquires the Assets of GBC Benefits, Ltd. (Gus Bates Insurance & Investments)
July 6, 2020
Hub International Limited acquired the assets of GBC Benefits, Ltd., d/b/a Gus Bates Insurance & Investments, a Fort Worth, Texas-based insurance agency offering retirement plan services, employee benefits, property & casualty and personal lines insurance. The Gus Bates leadership team will join Hub Texas; financial terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- GBC Benefits, Ltd. (d/b/a Gus Bates Insurance & Investments)
- Sellers
- GBC Benefits, Ltd. (d/b/a Gus Bates Insurance & Investments)
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Buyout
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