Atlas and Hellman-backed Hub International acquired ProCorp Financial.

Private Equity firms Atlas Partners, and Hellman & Friedman-backed Hub International, a leading insurance brokerage firm has acquired ProCorp Financial, a provider of insurance and management services. Financial terms were not disclosed. The move continues to reinforce Hub’s ongoing Canadian employee benefits growth and services strategy to expand its best-in-class employee benefits and retirement solution to address the challenges clients are facing, including in retirement. “We are thrilled to welcome Hugh and the ProCorp Financial team to Hub. ProCorp Financial has a comprehensive array of product offerings that are well aligned to further expand our employee benefits solutions in Canada.” Gregory Belton, Hub International Executive Chairman.