H&F’s Hub International buys shares of ES3 Advisory
Hub International Ltd, a portfolio company of U.S. private equity firm Hellman & Friedman (H&F), has acquired the shares of ES3 Insurance Services Ltd, which does business as ES3 Advisory. No financial terms were released. Based in Vancouver, ES3 Advisory is an employee benefits and pension consulting company. Led by Faizal Mitha, vice president of employee strategies, the business will join Hub International TOS Ltd. Hub, a Chicago-based insurance brokerage, was acquired by H&F for about US$4.4 billion in October 2013.


