Hub Acquires Assets of Gus Bates Insurance & Investments in Texas

July 6, 2020

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

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