H&F-backed Hub continues buying spree with Delisle deal
Hub International Ltd has acquired Delisle Agencies Ltd, a Delisle, Saskatchewan provider of personal lines and government automotive insurance solutions. No financial terms were released. Delisle, founded in 1980 as a family-owned insurer, is Hub's third Canadian acquisition this month. It follows the Chicago-based insurance brokerage's buys of Banco Management Inc and Integro (Canada) Ltd. Hub is a portfolio investment of U.S. private equity firm Hellman & Friedman (H&F). H&F is reported to be exploring the sale of a stake in the company.
13 September 2017•2 mins read
