Hub International continues buying spree with IBG acquisition
Hub International continues buying spree with IBG acquisition
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Insurance broker Hub International acquired retirement plan consulting firm IBG Financial Partners, Hub announced in a news release Thursday.
Terms of the deal, which closed April 1, were not disclosed.
The acquisition of the Foxborough, Mass.-based firm added 70 plan sponsor clients with roughly $1.6 billion in assets under advisement to Hub s client roster, a Hub spokeswoman said.
As part of the transaction,
Peter Vacheron, principal of IBG, and the entire IBG team of six staff members will join Hub Retirement and Private Wealth.