Hub International Acquires Montreal-based Vestas Financial Services Firm Inc.

Chicago, IL (May 13, 2020) – Hub International Limited (Hub), a leading global insurance brokerage, is pleased to announce that it has acquired Vestas Financial Services Firm Inc. (Vestas). Terms of the transaction were not disclosed.

Located in Montreal, Quebec, Canada, Vestas is an independent firm providing commercial and personal insurance with a focus on various industries, in particular, construction and design professionals, which supports Hub’s Specialty practices^[1] by complementing and strengthening its existing capabilities.

Phillipe Monette, President of Vestas, and Senior Vice Presidents Martin Brodeur and Patrice Gravel will join Hub International Quebec Limited (Hub Quebec).

Notes

1. Hub International Launches Industry Specialty Practices (Feb. 12, 2018).

About Hub’s M&A Activities

Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International

Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 12,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.

Source: Hub International Limited

Tags: Acquisition, Hub International, Québec
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