Global insurance brokerage Hub International Limited (Hub) has acquired the insurance agency business of certain member firms operating as Pinnacle Insurance Partners (Pinnacle), a Grand Rapids, Mich.-based full-service insurance brokerage firm.
The acquisition was made through the East Division of Hub International Midwest Limited (Hub Midwest East). Terms of the acquisitions were not disclosed.
The acquired Pinnacle operations will become part of Hub Midwest East’s Grand Rapids, Mich., office. In addition, Hub will bolster its presence in St. Joseph, Mich., and add a new office location in Saginaw, Mich.
In connection with this acquisition, Russell Manz, Michael Poggi, Brad Poggi and Dave Mack and all their respective employees will join Hub Midwest East, and will become members of the Hub Midwest operations.
Pinnacle offers property and casualty, employee benefits and personal lines products and services to a diversified client base, primarily throughout Michigan. The Pinnacle team specializes in niche insurance offerings for the construction, manufacturing, automotive and bonding industries, amongst others.
Hub International Limited is headquartered in Chicago.
Source: Hub International Limited
Topics Mergers & Acquisitions Michigan
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