H&F’s Hub International buys assets of Harmony Insurance
Hub International Ltd has bought the assets of Harmony Insurance Ltd, a Hinton, Alberta-based provider of commercial lines insurance for small businesses and personal insurance solutions. The deal's financial terms were not released. Hub, a Chicago-based insurance brokerage with significant operations in Canada, has been a portfolio company of U.S. private equity firm Hellman & Friedman since October 2013. Last year, Hub acquired several Canadian businesses, including Cortex Financial Inc, Gamble & Associates Insurance Ltd, Progressive Home Warranty and Pacific Home Warranty.
5 April 2016•2 mins read
