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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