PE-owned Hub acquires employee benefits practice of Rise
Hub International Ltd has acquired the employee benefits practice of Rise People Inc, a Vancouver-based provider of human resources, payroll and benefits administration solutions. No financial terms were disclosed. Hub, a Chicago-based insurance brokerage, said the deal supports its Canadian employee benefits and pension consulting growth strategy. Last month, Canadian long-term private equity firm Altas Partners closed a minority investment in Hub, joining existing owner Hellman & Friedman.
19 December 2018•2 mins read
