Hub International Secures $1.6B Minority Investment Led by T. Rowe Price, Alpha Wave Global and Temasek

Leonard Green Takes Minority Stake in Hub International

April 28, 2023

Insurance

Leonard Green & Partners will make a substantial minority investment in Hub International Limited, valuing the insurance broker at about $23 billion. The funding will provide liquidity to existing equity holders while Hellman & Friedman remains the controlling shareholder and Altas Partners remains a significant minority owner.

Hub International Acquires Alpha Pension Group, Inc.

January 13, 2021

Wealth Management

Hub International Limited has acquired Alpha Pension Group, Inc., a Boston-based retirement consulting firm. The transaction (terms undisclosed) brings Alpha's investment analytics and fiduciary governance capabilities into Hub New England to strengthen Hub's retirement and wealth management services in the region; Alpha's President & CEO Rich Cawthorne and CFO Mark Salamone will join Hub New England.

Hub International Acquires Assets of Horizon Insurance, Inc.

August 9, 2023

Insurance

Hub International Limited, through its Hub International New England affiliate, has acquired the assets of Worcester-based Horizon Insurance, Inc. The deal brings Orieta Kristo and the Horizon team into Hub New England to expand Hub’s personal and commercial insurance capabilities and strengthen its presence in Worcester and Central Massachusetts; terms were not disclosed.

HUB International Acquires Assets of Heritage Wealth Management Group (PA)

June 20, 2022

Financial Services

HUB International Limited acquired the assets of Heritage Wealth Management Group, LLC, a Moon Township, Pennsylvania-based independent financial advisory firm. Terms were not disclosed; Heritage serves about 300 clients with more than $205 million in assets under management and Michael Finnell and his team will join Hub's Retirement and Private Wealth business to bolster its retirement and wealth advisory capabilities in Western Pennsylvania.

Hub International Acquires Symphony Financial & Insurance Services

June 6, 2024

Insurance

Hub International Limited has acquired the assets of Symphony Financial & Insurance Services, a Rosemead, California-based employee benefits and insurance advisory practice. David Lee, Owner, and the Symphony team will join Hub's Los Angeles/Orange County office as part of Hub's effort to strengthen its employee benefits capabilities and local footprint in Southern California; terms were not disclosed.

HUB International Acquires the Assets of Epstein Financial Group

June 1, 2021

Wealth Management

HUB International Limited acquired the assets of Epstein Financial Services LLC and Epstein Financial Group LLC, an East Longmeadow, Massachusetts-based independent Registered Investment Advisor. Terms were not disclosed; Charlie Epstein, Principal and Founder, will join Hub Retirement and Private Wealth as the deal expands HUB's retirement and wealth management capabilities.