Tags: insurance | brokerage | sale | Hub

Insurance Brokerage Hub to be Sold for About $4.4 Billion

Hub International Ltd. said it would be bought by funds managed by private equity firm Hellman & Friedman LLC in a deal that values the insurance brokerage at about $4.4 billion.

Buyout firm Apax Partners and Morgan Stanley's private equity arm took Hub private six years ago for about $1.8 billion, including $145 million of debt.

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
InvestingAnalysis
Hub International Ltd. said it would be bought by funds managed by private equity firm Hellman & Friedman LLC in a deal that values the insurance brokerage at about $4.4 billion.
insurance,brokerage,sale,Hub
56
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved