H&F’s Hub International buys The Benefits Company
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman (H&F), has acquired the shares of Windsor, Ontario-based The Benefits Company Inc (TBC), an insurance broker that specializes in group benefits, pensions and retirement plans. No financial terms were disclosed for the deal, which will see TBC's operations joined with those of Hub Ontario. A global insurance brokerage with significant operations in Canada, Hub was acquired by H&F for about US$4.4 billion in 2013. The company has its headquarters in Chicago.
5 April 2018•2 mins read
