Hub International Acquires Assets of Agency in North Carolina
- October 06, 2017
- Written by Hub International
HUB INTERNATIONAL ACQUIRES THE ASSETS OF NORTH CAROLINA-BASED
BANYAN CONSULTING GROUP, INC.
Chicago, IL -- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Banyan Consulting Group, Inc. (Banyan). Terms of the acquisition were not disclosed.
With offices in Greensboro, Raleigh and Charlotte, North Carolina, Banyan specializes in employee benefits. Alan Overbey, CEO of Banyan and his team will join Hub Carolinas. With the Banyan acquisition, HUB Carolinas will be serving clients in North and South Carolina with a total of 12 regional offices.
"We’re excited to have Banyan join and strengthen our HUB Carolinas benefits operations,” said Tommy Suggs, President of Hub Carolinas. “Alan and his team have done an outstanding job building a special firm whose primary focus will remain the clients’ success.”
Overbey added, “Baynan’s culture focuses on doing what’s right for the client every single time. HUB’s reputation and operating philosophy were critical factors in our decision to join the HUB team and our partnership honors our long-standing commitment to our clients, their employees and our culture.”