Leonard Green Takes Minority Stake in Hub International
April 28, 2023
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.
- Targets
- Hub International Limited
- Sellers
- Existing equity holders
- Industry
- Insurance
- Location
- Illinois, United States
- Transaction Type
- Growth capital
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