HUB International has acquired 486 companies of its own, including 266 in the last 5 years. Last week's sale of Hub International Ltd. to San Francisco-based private-equity firm Hellman & Friedman L.L.C. 610 Branches. Ultimate Parent. Debbie Grisham is an Account Manager at Hub International based in Chicago, Illinois. Hub International Ltd., a Hellman & Friedman-backed insurance brokerage, said it acquired the assets of N. Compass Group, a provider of employee benefits insurance and consulting services in New . It offers property and casualty, life and health, employee benefits, investment, and risk management products and services. (Sales figure is modelled). The Canadian affiliate of Hub International has acquired the assets of The President's Group Insurance Agency, a Mississauga, Ontario-based life insurance company . likely completes the recent cycle of ownership changes among private-equity-owned . Key . (Employees figure is modelled). Hellman & Friedman was founded in 1984 by Warren Hellman and Tully Friedman. CHICAGO, Ill. Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has entered into an agreement to be acquired by funds advised by Hellman & Friedman LLC. 5th ranked among the world's largest insurance brokers. HUB is reportedly valued over US $10 billion. Chicago based Hub is majority-owned by Hellman & Friedman which acquired Hub from Apax Partners for US $4.4 billion in 2013. is owned by Hellman & Friedman (211 executives) 38 executives to email now. Acquiring Organization: Hellman & Friedman Hellman & Friedman is a private equity investment firm providing strategic and financial management support to businesses. Hub International CEO Martin P. Hughes. Hellman & Friedman LLC, the buyout firm co-founded by Warren Hellman, agreed to buy Hub International Inc. in a deal that values the insurance broker at about US$4.4-billion. Present Hellman & Friedman 2013 - 2015 HUB International 2013 - 2015 Bain Capital 2007 - 2013 Bain & Company 2005 - 2007 Skills Strategy, Business Strategy, LBO, . Hellman & Friedman is a leading private equity firm focused on market-leading firms with growth potential. . Funds managed by Hellman & Friedman (H&F) remain the largest investor in Hub and the company's management team continues to hold a significant equity position. Chicago based Hub is majority-owned by Hellman & Friedman which acquired Hub from Apax Partners for US $4.4 billion in 2013. Profiles of all 1,752 Hub International employees: Sarah Towe, Logan Foy, Sven Cederwall, Steve Witthuhn CIC, Angelo Frieri, Jessica Kusicki, Craig Tappel CPA CPCU. Read Company Statement Access to Financial Information Requests Account Manager at Hub International. Hellman & Friedman LLC. Ultimate Parent. The transaction values Hub at approximately US$4.4 billion. As a result of the sale, investment funds managed by Hellman & Friedman hold a majority interest in the company, but members of Hub International's senior management do continue to have significant equity positions. Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7. and Hellman & Friedman, a leading private equity firm with . 162 Subsidiaries. Girard will report directly to Rob Keilty, CEO of Hub International Ontario. Hellman & Friedman has 12 subsidiaries including Can-Sure, Cordis and Edelman Financial Engines. A total of 1 acquisition came from private equity firms.It has also divested 3 assets.. HUB International's largest acquisition to date was in 2001, when it acquired Kaye Group for $128M. The transaction implied a total enterprise value for Hub of over $10 billion. He will remain located in Halifax, Nova Scotia, Canada. This is HarbourVest Partners' 6th, Hellman & Friedman's 6th and Altas Partners' 1st transaction in the Insurance sector. News; . . All rights reserved. Jeffrey Goldstein. -. 610 Branches. Brian Powers. Read More HUB is currently owned by a group of investors led by lead investor Hellman & Friedman, one of the . Contact Email hub_international_ltd@yahoo.com Phone Number 425-489-4500 HUB International operates as a full-service global insurance broker. Private-equity firm Hellman & Friedman LLC agreed to acquire insurance brokerage Hub International Ltd. for more than $4 billion from a rival buyout firm, in a deal that will help the Chicago. 16 March 2022. Hub International Midwest Ltd has 717 total employees across all of its locations and generates $408.38 million in sales (USD). Hellman & Friedman has agreed to the biggest ever takeover in the insurance broking industry with a $4.4bn deal to buy Hub International. Hub International is owned by Hellman & Friedman. Earlier this month the Wall Street Journal reported that San Francisco-based Hellman & Friedman LLC is buying HUB International Ltd. in a deal that values the insurance brokerage at $4.4 billion. CHICAGO (AP) -- Ownership of the insurance broker Hub International is being passed from one private equity firm to another. Key . HUB by the Numbers 14,000+ employees across North America. The deal is the largest takeover of a U.S. insurance broker on record, according to data compiled by Bloomberg. Steve Daniels. 530+ offices across North America. . Hub International News. Today, HUB is one of the largest insurance brokers in the world and represents a broad, deep, one-of-a-kind aggregation of insurance entrepreneurs. Altas Partners acquired a minority stake in Hub in a deal valued at US $10 billion in . The transaction values Hub at approximately $4.4 billion. Chicago-based insurance brokerage Hub International Ltd. has agreed to be acquired by a private-equity firm in a deal that values the company . Investment funds managed by Hellman & Friedman will hold a majority interest in the Chicago-based company, while members of Hub's senior management will continue to have a significant equity position, the company said. In early 2007, it was purchased by an investor group led by private equity firm Apax Partners . Ultimate Parent. In connection with the closing of the transaction, Hub also completed the funding of a US$2.1 billion Senior Secured Credit Facility . The transaction values Hub at more than $10 billion of total enterprise value. San Francisco, New York and London. Hub HKMB is owned by Hub International. Altas Partners acquired a minority stake in Hub in a deal valued at US $10 billion in . (Sales figure is modelled). Aug 5 (Reuters) - Private equity firm Hellman & Friedman LLC has clinched a roughly $4.4 billion deal to take over Hub International Inc, Canada's largest . In early 2007, it was purchased by an investor group led by private equity firm Apax Partners in a going-private transaction. . . The deal is the largest takeover of a U.S. insurance broker on record, according to data compiled by Bloomberg. Funds managed by Hellman & Friedman (H&F) remains the largest investor in Hub and the company's management team . The amount of the deal was not disclosed. View All with Free Trial. 888-373-6024 The Company's most targeted sectors . Funds managed by Hellman . Hellman & Friedman LLC is looking to sell a stake in Chicago-based global insurance brokerage Hub International Ltd. in a deal that could value the company at as much as $7 billion, including debt . Hub International HKMB Limited has 235 total employees across all of its locations and generates $1.12 billion in sales (USD). The transaction values HUB at approximately US$4.4 billion. Hellman & Friedman LLC. Ranked 5th among the world's largest insurance brokers, the company has over 14,000 employees in more than 550 offices . Hub International agreed to be acquired by Hellman & Friedman in a transaction valuing the company at approximately $4.4 billion. 415 788-5111 Add an executive. The private equity group is to acquire the North America . View All with Free Trial. The company was founded in 1998 and is headquartered in Chicago, Illinois, . HUB International was formed in 1998 with less than 300 employees and less than 50 Canadian offices. Apr 20, 2022 The new feature will allow HUB brokers to provide insurance quotes for Homeowner Associations for condos and homes in the U.S. Today, HUB is one of the largest insurance brokers in the world and represents a broad, deep, one-of-a-kind aggregation of insurance entrepreneurs. The transaction implies a total . Call Hub International at +1 312 922 5000. By Greg Roumeliotis, John Tilak, David French 3 Min Read (Reuters) - Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd in a deal that could value one of the largest. Hellman & Friedman LLC. US Staff. "By aligning our company with Hellman & Friedman, we . Hellman & Friedman has a direct presence in 2 countries. in the $4.4 . Financial terms were not disclosed. Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired Edmonton, Alberta-based Benefex Consulting, an employee benefits and retirement consulting firm. Before H&F, Hellman was a founding partner of Hellman, Ferri Investment Associates, . Ultimate Parent. Hub International Northwest LLC has 151 total employees across all of its locations and generates $29.46 million in sales (USD). HUB International was formed in 1998 with less than 300 employees and less than 50 Canadian offices. H&F acquired HUB International from Apax Partners in 2013 for reportedly US $4.4 billion including the assumption of debt. Acquisition, funding and merger involving Hellman & Friedman. Other 23%. www.hubinternational.com. By Greg Roumeliotis and Tanya Agrawal. Home; . Funds advised by Hellman & Friedman will buy a majority stake of the . About Hellman & Friedman Hellman & Friedman is a leading private equity investment firm with offices in San Francisco, New York, and London. HUB International was born in 1998 with the merger of 11 privately held insurance brokerages. On August 5, 2013, private equity firms HarbourVest Partners, Hellman & Friedman and Altas Partners acquired insurance company HUB International Ltd. from Apax for 4.4B USD Acquisition Highlights. Company Description: Hub International Limited is located in Riverside, CA, United States and is part of the Legal Services Industry. Updated Apr 14, 2022. Hub International Limited (Hub), a leading global insurance brokerage, announced that it has entered into an agreement with Altas Partners (Altas), a long-term. Hellman & Friedman LLC, the buyout firm co-founded by Warren Hellman, agreed to buy Hub International Inc. in a deal that values the insurance broker at about US$4.4-billion. Funds managed by Hellman & Friedman will remain the largest investor in Hub, and the company's management team will continue to hold a significant equity position," Hub said in statement. On November 28, 2018, Altas Partners ("Altas") completed a substantial equity investment in Hub International Limited ("Hub" or the "Company"), a leading full-service insurance brokerage. Funds managed by Hellman & Friedman (H&F) remain the largest investor in Hub and the company's management team continues to hold a significant equity position. Global insurance brokerage Hub International Limited has agreed to be acquired by a San Francisco private equity firm for $4.4 billion. Funds managed by Hellman & Friedman will own a majority . The transaction implies a total . Company Description: One of the top global insurance brokers, Hub International operates more than 475 offices throughout North America. 611 Branches. Corporate Office HUB International 150 N. Riverside Plaza 17th Floor Chicago, IL 60606 +1.800.432.2558 The HUB International Management Team Hub International Limited, a Chicago, IL-based insurance brokerage, received a minority investment from Altas Partners.. HUB International HUB International operates as a full-service global insurance broker. Altas Partners has acquired a substantial minority stake in Hub International Limited (Hub), a leading global insurance brokerage. There are 777 companies in the Hub International Midwest Ltd corporate family. CHICAGO, Oct. 18, 2021 /CNW/ Hub International Limited . HUB International Limited (HUB), a leading global insurance brokerage, announced today that it has entered into an agreement to be acquired by funds advised by Hellman & Friedman LLC. HUB International Limited ("HUB") is a global insurance brokerage providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. 165 Subsidiaries. In: Private Equity Deals, Financial, United States. Hellman & Friedman LLC. Iris Dorbian. Last week's sale of Hub International Ltd. to San Francisco-based private-equity firm Hellman & Friedman L.L.C. Hellman & Friedman LLC. In August 2013, the firm acquired Canada's largest insurance broker, Hub International, for around $4.4 billion. They are in: Insurance 69% Holding 8% Other 23% Acquisition, funding and merger involving Hellman & Friedman. HUB International Investment Advisory Services Inc. 2300 CLAYTON ROAD, SUITE 300, CONCORD, CA . Privacy Statement Terms . . Chicago-based insurance broker Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired HB Consultants. No financial terms were disclosed. Holding 8%. HUB International was born in 1998 with the merger of 11 privately held insurance brokerages. Hellman & Friedman (H&F) will remain the largest investor in Hub and the company's management team will continue to hold a significant equity position. The deal, which values Hub at $4.4 billion, including debt, is expected to be completed before the end of 2013. It was earlier reported (see May 3, 2013 post) that Hub's owners, Apax Partners and Morgan Stanley Principal Investments, had begun exploring a sale in April. CHICAGO, Oct. 17, 2018 /PRNewswire/ -- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has entered into an agreement with Altas Partners (Altas), a . Company Description: Hub International HKMB Limited is located in Toronto, ON, Canada and is part of the Agencies, Brokerages, and Other Insurance Related Activities Industry. Matthew Barger. 164 Subsidiaries. Previously, Debbie was a Personal Lines Customer Service Rep resentative at Hellman & Friedman. It provides commercial property/casualty coverage, including liability, auto, transportation, and workers' compensation. Girard will report directly to Rob Keilty, CEO of Hub International Ontario. Details of the investment were not . HUB International has acquired in 48 different US states, and 4 countries. HUB is reportedly valued over US $10 billion. Senior Advisor and Chairman Emeritus. Acquiring Organization: Hellman & Friedman Hellman & Friedman is a private equity investment firm providing strategic and financial management support to businesses. Hub, a Chicago-based insurance brokerage and financial services firm, is backed by Hellman & Friedman and Altas Partners. Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired Toronto-based Morneau Shepell's benefits consulting practice. Hellman & Friedman has 12 subsidiaries including Can-Sure, Cordis and Edelman Financial Engines. He will remain located in Halifax, Nova Scotia, Canada. Hub International Ltd., a Hellman & Friedman-backed insurance brokerage, said it acquired the assets of N. Compass Group, a provider of employee benefits insurance and consulting services in New . View All with Free Trial. Recent news In August 2013, the firm was acquired by the private equity firm Hellman & Friedman for around $4.4 billion. Hellman & Friedman agrees to acquire Hub in $4.4 billion deal By Greg Roumeliotis, Tanya Agrawal 3 Min Read (Reuters) - Private equity firm Hellman & Friedman LLC has clinched a roughly $4.4. PRESS RELEASE. . Clark Wormer is the Managing Director of Mergers & Acquisitions for HUB International Limited where he is responsible for corporate development for all of HUB in the US and Canada. Global insurance broker Hub International Limited (Hub), said it has agreed to be acquired by funds advised by Hellman & Friedman LLC. The private equity group is to acquire the North. Company Description: Hub International Northwest LLC is located in Bellingham, WA, United States and is part of the Agencies, Brokerages, and Other Insurance Related Activities Industry. On: October 17, 2018. 611 . HUB International Limited - Hellman & Friedman PREVIOUS NEXT close HUB International Limited In 2013, H&F acquired HUB International, a leading global insurance brokerage providing property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada. Funds advised by Hellman & Friedman will buy a majority stake of the . Announced Date Aug 5, 2013 Acquisition Type Acquisition Acquisition Status Complete Recent News HUB is currently owned by a group of investors led by lead investor Hellman & Friedman, one of the . Hellman & Friedman has a direct presence in 2 countries. Goodmans acted as Canadian counsel to Apax Partners and Hub International Limited ("Hub") with respect to the sale of Hub by Apax Partners to Hellman & Friedman LLC ("H&F") for approximately US$4.4 billion. View All with Free Trial. . On October 2, 2013, Hub was acquired by funds advised by Hellman & Friedman LLC. Hub International Northwest LLC has 45 employees at this location. HUB International was formed in 1998 and is based in Chicago, Illinois. Anything missing? 2020 /PRNewswire/ Hub International Limited . likely completes the recent cycle of ownership changes among private-equity-owned . Funds managed by Hellman & Friedman (H&F) will remain the largest investor in Hub and the company's management team will continue to hold a significant equity position. Senior Advisor. (Sales figure is modelled). . 150 N Riverside Plaza, 17th Floor, Chicago, Illinois 60606, United States. CHICAGO (AP) -- Ownership of the insurance broker Hub International is being passed from one private equity firm to another. Hub is projected to have 2013 revenue of $1.2 billion. They are in: Insurance 69%. There are 777 companies in the Hub International Northwest LLC corporate family. 165 Subsidiaries. Ultimate Parent. View All with Free Trial. 805-879-9536. Private Equity firm Hellman & Friedman acquires controlling stake in DIY security provider SimpliSafe. H&F's current holdings include Hub International and Applied Systems, acquired in 2013 and 2014 . 162 Subsidiaries. Chicago-based insurance broker Hub International, a portfolio company of Hellman & Friedman and Altas Partners, has acquired Toronto-based JM Rose Insurance Agency, which does business as usefulideas. Advisors. Funds managed by Hellman & Friedman (H&F) remain the largest investor in Hub and the company's management team continues to hold a significant equity position. HUB International HUB International operates as a full-service global insurance broker. HUB International is a global insurance brokerage providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil. Since its founding in 1984, H&F . 2022 HUB International Limited. Hub International Limited has 5 employees at this location. CE Pro's Julie Jacobson reviews synergies with H&F portfolio companies SnapAV, Verisure (Securitas Direct) and HUB International insurance. 611 Branches. In October 2013, Hellman & Friedman bought out the 2007 purchasers for just over $4.4 billion. Hub International. *Operating Partners and Senior Operating Advisors are advisors to, and are not employees or Partners of, Hellman & Friedman. Advisor Emeritus. Hellman & Friedman (H&F) will remain the largest investor . Hellman & Friedman has agreed to the biggest ever takeover in the insurance broking industry with a $4.4bn deal to buy Hub International. Company Description: Hub International Limited is located in Wichita, KS, United States and is part of the Agencies, Brokerages, and Other Insurance Related Activities Industry. Hub International Limited has 9 employees at this location.