Hub International Receives Minority Investment from Altas Partners

Hub InternationalHub International Limited, a Chicago, Illinois-based insurance brokerage, completed a minority investment from funds managed by Altas Partners.

The transaction implied a total enterprise value for Hub of over $10 billion. Funds managed by Hellman & Friedman (H&F) remains the largest investor in Hub and the company’s management team continues to hold a significant equity position.

Hub International Limited is a full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.
It has more than 11,000 employees in offices located throughout North America.

Altas Partners is an investment firm with a long-term orientation focused on acquiring significant interests in high-quality, market-leading businesses in partnership with outstanding management teams.

FinSMEs

28/11/2018

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