Chicago-based global insurance brokerage, HUB International Limited (Hub), has acquired the assets of GBC Benefits Ltd., d/b/a Gus Bates Insurance & Investments (Gus Bates I&I), located in Fort Worth, Texas.
Terms of the transaction were not disclosed.
Gus Bates I&I provides a comprehensive range of services, including retirement plan services, employee benefits, property/casualty and personal lines insurance.
Gus Bates I&I CEO Gus Bates and President Matt Morris will join Hub.
Source: Hub International
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Clash of Florida Titans Pits Powerful Tribe Against Homebuilder Lennar 
Honda’s Insurance Agency Operations Stall, Services ‘Paused’ 
Hellman & Friedman’s Hub International Seeks $3 Billion in IPO 
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims 
