Hellman & Friedman's Hub buys Sarjeant Insurance Brokers
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman, has acquired the shares of Sarjeant Insurance Brokers Ltd, a Barrie, Ontario-based provider of property and casualty insurance solutions. No financial terms were released. The acquisition follows Hub's buy of Canada's New Dimensions Underwriters Ltd earlier this week. Hub, a Chicago-based insurance brokerage, was acquired by Hellman & Friedman for about US$4.4 billion in late 2013.
8 September 2016•2 mins read
