H&F’s Hub International acquires HSBI Benefits
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman, has acquired HSBI Benefits Inc. No financial terms were disclosed. Based in Toronto, HSBI Benefits specializes in employee benefits insurance solutions. Its senior executives will join Hub Ontario. Hub, a Chicago-based insurance brokerage with significant operations in Canada, was acquired by Hellman & Friedman for about US$4.4 billion in October 2013.
6 July 2016•2 mins read
