H&F’s Hub International buys Hometown Insurance Brokers

Hub International Ltd has acquired Hometown Insurance Brokers, a Vonda, Saskatchewan-based full-service insurance brokerage. Terms weren't disclosed for the deal, which will see business owners Garth Wruck and Denise Wruck join Hub Manitoba. Founded in 1977, Hometown offers personal and commercial insurance solutions, including crop hail insurance. Hub, a Chicago-based full-service insurance company, was bought in 2013 by U.S. private equity firm Hellman & Friedman (H&F) for about US$4.4 billion.

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