Hub International Expands Commercial Insurance, Construction Capabilities with The Wooditch Company in California
Chicago, May 2nd, 2023
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today the acquisition of the assets of The Wooditch Company Insurance Services, Inc. (The Wooditch Company). Terms of the transaction were not disclosed.
Located in Irvine, California, The Wooditch Company is a privately held commercial insurance, risk management and employee benefits services firm advising clients in various industries, including construction. Their specialization in the construction industry supports Hub’s Specialty practice by complementing and strengthening its existing capabilities. The Wooditch Company team will join Hub LAOC.
“Clients will benefit from the addition of The Wooditch Company to our team,” said Andrew Forchelli, President of Hub Los Angeles/Orange County (LAOC). “I couldn’t be more excited to have The Wooditch Company join Hub LAOC.”
“Hub provides an ideal platform for us to continue to grow,” added Bill Wooditch. “Hub has strong capabilities and resources in all key areas, including specialty industries, claims, technology and more, to perfectly meet the needs of our clients.”
Merger & Acquisition Services Inc. served as the financial advisor to The Wooditch Company.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 16,000 employees in offices located throughout North America, Hub’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, visit Hub Media Center.
About Merger & Acquisition Services, Inc.
Merger & Acquisition Services, Inc. is a specialist advisory and financial services Firm to the insurance and reinsurance industry, with offices in New York, Palm Beach, Connecticut, Georgia & Cayman Islands. Founded in 1998, the Firm and its affiliates provides investment banking and insurance consulting services globally, including merger & acquisition advisory capital raising, valuations, program placement/fronting, and reinsurance advisory. Merger & Acquisition Capital Services, LLC., a registered broker-dealer and member FINRA / SIPC, is an affiliate of Merger & Acquisition Services, Inc.
To learn more about Merger & Acquisition Services, visit https://maservices.com.
Investment banking services and all securities are offered in the United States by and through Merger & Acquisition Capital Services, LLC, a US registered broker-dealer and member FINRA/SIPC. Merger & Acquisition Services, Inc., M&A International LTD & M&A International Corporation U.A. do not underwrite securities, nor advise on, nor effect transactions in securities for the account of others.