Hub International Limited(Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of John L. Kiley Agency, Inc. dba DAR The Rocchio Agency (The Rocchio Agency). Terms of the transaction were not disclosed.
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Headquartered in Carmel, Indiana, The Rocchio Agency is an independent insurance agency providing commercial and personal insurance, as well as employee benefits services. Their expertise in the residential construction, including custom home building, and real estate development industries support Hub's Specialty practices by complementing and strengthening Hub's existing capabilities.
David Rocchio, sole owner, and The Rocchio Agency team will join Hub Midwest East.
The Rocchio Agency will be referred to as The Rocchio Agency, a Hub International company.
MidCap Advisors served as financial advisor to The Rocchio Agency.
About Hub's M&A ActivitiesHub 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, visitWeAreHub.com.
About Hub InternationalHeadquartered in Chicago, Illinois, Hub International Limitedis 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 19,000 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. For more information, visit Hub Media Center.
CONTACT:Media: JessicaWiltsePhone: 312-596-7573jessica.wiltse@hubinternational.comM&A: Clark WormerPhone: 312-279-4848Clark.wormer@hubinternational.com
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SOURCE Hub International Limited
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