Hub International Acquires Commercial Insurance Brokers, Inc.
January 15, 2021
Hub International Limited acquired the assets of Commercial Insurance Brokers, Inc., a locally owned independent insurance agency based in El Paso, Texas. Company leaders including President Ken Foster and Vice Presidents Maggie Foster, Richie Grodin and Martha Ramirez will join Hub Texas; terms were not disclosed.
- Buyers
- Hub International Limited
- Targets
- Commercial Insurance Brokers, Inc.
- Sellers
- Commercial Insurance Brokers, Inc.
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Buyout
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