Jan 2, 2016 – Hub International acquires Tennessee based Cowan Benefits
Hub International announces acquisition of Cowan Benefits
Chicago January 5, 2016 – Hub International Limited (Hub), a leading global insurance
brokerage, announced today that it has acquired the assets of Cowan Benefit Services,
Inc. (Cowan). Terms of the acquisition were not disclosed.
Based in Brentwood, Tennessee (a suburb of Nashville), Cowan specializes in employee
benefits and provides a full range of products, services and expert consulting to its clients
including insurance, health and benefits, wellness, and benefit administration services.
Matt Cowan, CEO, will join Hub Gulf South and report to Steve Terry, President, Hub
Gulf South. He will oversee current operations in Tennessee as well as assist with Hub’s
growth plans in the region.
“Cowan has provided the highest quality service to its clients and developed unique
capabilities to meet their needs over the last 25 years,” said Cowan. “Adding the
capabilities of Hub will allow us to grow and continue to meet these ever-changing needs
for many years to come. We were attracted to Hub because of their long-standing belief
in the local service model.”
“We are really excited to have Cowan part of Hub,” stated Terry.” Cowan brings an
exceptionally talented team with a history of success and will serve as a foundation for
Hub to build and expand on in the Tennessee market.”
Mystic Capital Advisors Group, LLC provided transaction advisory services to Hub
International. For more information on Mystic Capital, please contact Lorna Gunnersen
at 303-993-5652 or visit www.mysticcapital.com .
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