Aug 1, 2013 – Hub International acquires The Unity Group
HUB INTERNATIONAL ACQUIRES ASSETS OF THE UNITY GROUP
CHICAGO – August 1, 2013 – Hub International Limited (Hub), a leading global
insurance brokerage, announced today that its subsidiary Hub International Northwest
(Hub Northwest) has acquired the assets of The Unity Group, Inc. (Unity), a Bellingham,
Washington-based full-service insurance brokerage firm. Terms of the acquisition were
not disclosed. In connection with this acquisition, Barry Hanson, currently President of
The Unity Group, will be joining Hub Northwest as an Executive Vice President leading
Bellingham Operations and becoming a member of Hub Northwest Executive Team,
reporting to Andy Prill, President and Chief Executive Officer, Hub Northwest.
Founded in 1929, Unity is one of the largest independent insurance agencies in the state
of Washington. They serve the insurance needs of a well-diversified and loyal client base
including businesses and individuals throughout the Bellingham area and Puget Sound
region. They offer a wide array of products and services, with specialties in large group
employee benefit programs, real estate (including condominiums and property
management firms) and education (school districts).
“We are pleased to welcome the Unity employees to Hub,” stated Andy Prill, President
and Chief Executive Officer, Hub Northwest. “The addition of this talented group to Hub
Northwest will further strengthen our capabilities, making us one of the largest brokerage
operations across Washington.”
“Hub and Unity share a common vision that is customer-centric,” said Barry Hanson,
President, Unity. “With the addition of Hub’s value-added services, our team of
professionals will be able to provide our clients with the many offerings of a top global
brokerage firm.”
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance
brokerage that provides a broad array of property and casualty, life and health, employee
benefits, investment and risk management products and services through offices located
in the United States, Canada and Brazil.
Mystic Capital Advisors Group, LLC provided transaction advisory services to Hub
International. For more information on Mystic Capital, please contact Kevin P.
Donoghue at 212-251-0972 or visit www.mysticcapital.com .
# # #