Hub International has entered into an agreement with Aviva Canada to acquire one of its wholly-owned subsidiaries.
The brokerage announced today (August 24) that it has signed a purchase agreement to acquire the assets of National Home Warranty Group. Terms of the transaction were not disclosed.
National Home Warranty is one of Western Canada’s premier home warranty providers, with offices in Edmonton and Calgary, Alberta, and Vancouver and Langley, British Columbia.
The firm partners with more than 3,500 registered builders and provides new home warranty coverage to 15,000 homes and homeowners every year.
“Our investment in National Home Warranty rounds out Hub’s capabilities in Western Canada to offer a more complete and comprehensive solution to make builders stronger and help homeowners better protect their assets,” said David Moon, president of Hub International Canada West (Hub Canada West).
“Their builders and clients will have access to an additional layer of risk management, specialties, resources and services with Hub.”
The team at National Home Warranty will join Hub Canada West once the transaction is complete.