H&F-backed Hub acquires New Dimensions Underwriters

Hub International Ltd has acquired New Dimensions Underwriters Ltd, a managing general agency located in Edmonton. No financial terms were disclosed. Hub, a Chicago-based insurance brokerage with a significant operational presence in Canada, is a portfolio company of U.S. private equity firm Hellman & Friedman (H&F). H&F bought the business for about US$4.4 billion in October 2013.

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