Announced
Blackstone Tactical Opportunities and Leonard Green to acquire a minority stake in HUB International.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Minority
Private
Insurance Brokers
United States
insurance brokerage services
Domestic
Single Bidder
Private Equity
Pending
Friendly
Acquisition
Synopsis
Blackstone Tactical Opportunities, an opportunistic investing platform, and Leonard Green, a private equity firm, to acquire a minority stake in HUB International, an insurance brokerage. Financial terms were not disclosed.
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