Announced
Financials
Tags
employee benefits
Acquisition
Private
United States
Pending
consulting services
Outsourced HR and Staffing
Majority
Friendly
Single Bidder
Synopsis
Hub International, a leading global insurance brokerage, agreed to acquire LBA Insurance Services, a full-service agency providing employee benefits, retirement and consulting services. Financial terms were not disclosed. "Joining Hub was the next logical step for us. With Hub, we will enhance the relationships with our loyal clients, as well as, expand the services and products we will offer. Our cultures are also similar, which is meaningful to me and one of the main reasons we chose Hub." Lior Avishay, President of LBA.
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