H&F’s Hub International buys Mainline Insurance Brokers
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman (H&F), has acquired Mainline Insurance Brokers Inc, an association of insurance brokers operating in Southeastern Saskatchewan. No financial terms were disclosed for the deal, which includes Mainline affiliates. Hub, a global insurance brokerage with significant operations in Canada, will integrate the acquired business with Hub Manitoba. Chicago-based Hub was bought by H&F for about US$4.4 billion in October 2013.
4 January 2017•2 mins read
