Hub International Ltd. has acquired the assets of Phil Bailey & Associates, P.A., an employee benefits brokerage firm based in Oxford, Mississippi.
Phil Bailey, owner of Phil Bailey & Associates, and team will join Hub Gulf South in Hub's Oxford office.
"We're excited about joining Hub and combining our employee benefits capabilities with Hub's increased support and expertise with national resources," Bailey said in a statement.
Headquartered in Chicago, Hub is looks to grow both organically and through acquisitions to expand its geographic footprint, as well as strengthen its industry and product expertise.
The firm has made numerous acquisitions in recent months, including the purchase of two Canadian firms. Hub provides property and casualty, life and health, employee benefits, investment and risk management products and services.
Hub International also announced the acquisition of Mississauga, Ontario-based GMS Insurance Inc. Terms were not disclosed for either transaction.