Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc.
Terms of the transaction were not disclosed.
Located in Mount Royal, Quebec, Canada, Seymour Alper Inc. is an insurance and risk management firm providing innovative solutions and expertise in various industries, specializing in apparel/textiles, retail, real estate and manufacturing.
“Seymour Alper’s experience and strong reputation in the market to achieve solutions that meet clients’ needs make them a valuable addition to Hub,” said Stephen Blais, president and CEO of Hub International Quebec (Hub Quebec). “We are excited to continue to grow our capabilities through additional strategic partnerships in this region with dedicated firms such as Seymour Alper.”
Seymour Alper’s President & CEO Elliott Alper; Executive Vice President Steven Lach; Executive Vice President Karla Alper Lach and their team will join Hub Quebec and report to Blais.
“With Hub, we are providing our clients with a strong network and valuable resources,” said Alper. “We are excited for the opportunity to contribute to the growth of Hub in this region and beyond.”
Source: Hub International Ltd.
Topics Mergers & Acquisitions
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