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HUB INTERNATIONAL completes acquisition of Mayfield Insurance, Inc. in Indiana to strengthen insurance capabilities

Feb 07, 2025•10 months ago

Acquiring Company

Hub International

Acquired Company

Mayfield Insurance

ChicagoMooresvilleInsuranceEmployee BenefitsInsuranceEmployee Benefits

Description

HUB INTERNATIONAL, a global insurance brokerage, has completed the acquisition of Mayfield Insurance, Inc., enhancing its commercial and personal insurance capabilities in the Indiana region. This strategic move aims to expand HUB INTERNATIONAL's presence and strengthen its ability to provide tailored insurance solutions in the local market.

Company Information

Company

Hub International

Location

Chicago, Illinois, United States

About

Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 17,000 employees in offices located throughout North America, HUB's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed