H&F and Altas-backed Hub acquires Cottenie and Gardner
Hub International Ltd has acquired Cottenie and Gardner Inc, a Kamsack, Saskatchewan-based provider of personal and commercial insurance solutions, including government auto and farming solutions. No financial terms were disclosed. The sellers were owners Ted Gardner and Les Fedorak, who will join Hub International Manitoba Ltd. Last year, Canadian long-term private equity firm Altas Partners acquired a significant minority stake in Hub, a Chicago-based insurance brokerage, joining existing owner Hellman & Friedman (H&F).



