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