H&F and Altas-backed Hub acquires Berk Bilgen Insurance
Hub International Ltd has acquired Berk Bilgen Insurance Ltd, an Edmonton-based insurance brokerage offering personal and commercial insurance solutions, including home, auto, life and travel. Terms weren't released for the deal, which comes on the heels of Hub's acquisition of BenefitLink Resource Group Edmonton Holdings Inc. The sellers were Berk Bilgen and Heather Bilgen, who will support the transition of the business to Hub, a Chicago-based insurance brokerage. Last year, Canadian long-term private equity firm Altas Partners acquired a significant minority stake in Hub, joining existing owner Hellman & Friedman (H&F).
3 July 2019•2 mins read
