Jul 3, 2012 – Hub International acquires Sidles, Duncan and Associates
HUB INTERNATIONAL ACQUIRES SIDLES, DUNCAN
AND ASSOCIATES
CHICAGO – July 3, 2012 – Hub International Limited (Hub) announced today that it has
acquired the assets of Sidles, Duncan and Associates (SDA), an Irvine, California-based
employee benefits brokerage firm. Terms of the acquisition were not disclosed. The SDA
operation will become part of the California division of Hub International Insurance
Services (Hub California). SDA shareholders Peter Duncan, Chad Sidles and Eric
Barthel, will join the Hub California team as a part of this transaction.
SDA specializes in working with mid-sized and large employers to provide a broad suite
of employee benefits brokerage and consulting services, including professional employer
organization (PEO) services, proprietary network management and healthcare purchasing
strategies. Clients span across many different industries including national restaurant
organizations, agricultural companies, hospitals, nursing homes, public sector,
manufacturing and service industry. SDA has extensive experience in implementing and
managing fully insured and self funded plans and employee benefit plan administrative
services. By joining the tenth largest global insurance brokerage firm, SDA will now be
able to offer its customers full lines of insurance products and services and access to new
market relationships.
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 .
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