H&F’s Hub International acquires assets of Patrice Varin
Hub International Ltd, a portfolio investment of U.S. private equity firm Hellman & Friedman (H&F), has acquired certain assets from Canada's Patrice Varin through a company held by him. No financial terms were released. With the deal, Varin will join Hub Québec, bringing a commercial line book of business focused on offering bonds and surety products. Hub, a global insurance brokerage with significant operations in Canada, was acquired by H&F for about US$4.4 billion in October 2013. The company has its headquarters in Chicago.
8 August 2017•2 mins read
