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New Deal


Announced

Completed

Leonard Green & Partners completed an investment in Hub International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales6.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Insurance Brokers

insurance brokerage services

United States

Acquisition

Minority

Domestic

Private

Single Bidder

Friendly

Private Equity

Completed

Synopsis

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Leonard Green & Partners, a private equity firm, completed an investment in Hub International, a full-service global insurance broker and financial services firm. Financial terms were not disclosed. "We have admired HUB for a long time and are excited to partner with the entire HUB management team, Hellman & Friedman, and Altas to support the next phase of the company's growth. HUB is the premier insurance broker and has all the attributes we look for in investments – a best-in-class management team, a differentiated culture, a long and consistent track record of success, and multiple ways to grow," Adam Levyn, LGP Partner.

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