H&F-backed Hub International acquires Can-Sure Underwriting
Can-Sure Underwriting Ltd, a Vancouver-based provider of solutions for commercial property and liability risks to brokers across Western Canada, has been bought for an undisclosed price by Hub International Ltd. The deal, which will retain Can-Sure's brand, was facilitated through Hub subsidiary Beacon Underwriting Ltd. A Chicago-based insurance broker with significant operations in Canada, Hub was acquired in October 2013 by U.S. private equity firm Hellman & Friedman for US$4.4 billion from its previous private equity owners. Vancouver corporate finance advisory firm Capital West Partners advised Can-Sure on the transaction.
12 March 2014•2 mins read
