H&F’s Hub International buys Carlton Insurance Brokers
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman (H&F), has acquired the shares of Jasper, Alberta-based Carlton Insurance Brokers Inc (C.I.B.), a provider of personal and commercial insurance and specializing in solutions for the transportation industry. No financial terms were disclosed. Hub, a global insurance brokerage with significant operations in Canada, was bought by H&F for about US$4.4 billion in 2013. The company has its headquarters in Chicago.
3 May 2018•2 mins read
