MidCap Advisors advised both Rossmann Hurt Hoffman (RHH) and Henry M. Murray Agency (HMM) in connection with the sale of their businesses to Hub International.

The terms of the transactions, which closed on May 1 and June 1, 2017, respectively, were not disclosed.

Frank Robertson, managing director at MidCap, said, “This was an ideal transaction for all parties. Hub was able to expand its footprint and partner with two reputable and experienced agencies, and RHH and HMM were able to maximize their sale transaction through being viewed as a combined platform.”

Based in Ellicott City, MD, RHH specializes in professional liability coverage and offering a full range of P&C and Employee Benefit products, RHH prides itself on delivering sound advice and knowledge to help customers choose the appropriate coverage. Norman Breitenbach, executive vice president of RHH, will join Hub as president of Hub Mid-Atlantic.

Based in Annapolis, MD, HMM specializes in a variety of marine insurance coverages for marinas, charterers, harbors, ship builders and other marine businesses.

Headquartered in Chicago, Hub International is a global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.

MidCap Advisors is a national middle market mergers and acquisitions firm that has extensive experience representing insurance and financial services firms.