Hellman & Friedman LLC Completes US$4.4B Acquisition of Hub International Limited
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. In connection with the closing of the transaction, Hub also completed the funding of a US$2.1 billion Senior Secured Credit Facility and a US$950 million private offering of Senior Unsecured Notes.
Headquartered in Chicago, Illinois, Hub is 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 (including Puerto Rico), Canada, and Brazil.
H&F is a leading private equity investment firm with offices in San Francisco, New York and London. Since its founding in 1984, H&F has raised and, through its affiliated funds, managed over $25 billion of committed capital.
Featured Work
-
Mergers and Acquisitions
Dayforce to be taken private by Thoma Bravo for US$12.3 billion
Goodmans LLP is advising Dayforce, Inc. as Canadian counsel in connection with its definitive agreement to be taken private by Thoma Bravo in an all-cash transaction with an enterprise value of… -
Mergers and Acquisitions
SBA Communications to sell Canadian wireless tower business to CVC DIF
Goodmans LLP is advising SBA Communications in connection with its definitive agreement to sell its Canadian wireless tower business (SBA Canada) to CVC DIF, the dedicated infrastructure investment… -
Mergers and Acquisitions
RF Capital Group to be acquired by iA Financial Corporation in C$597 million all-cash transaction
Goodmans LLP is advising RF Capital Group in connection with its sale to iA Financial Corporation, a Quebec City-based insurance and wealth management company, in an all-cash transaction valued at… -
Private Equity and Venture Capital
OMERS sells majority interest in CEDA to Hillcore Group
Goodmans LLP advised OMERS Private Equity Inc., a subsidiary of OMERS, in connection with the sale of its majority interest in CEDA to Hillcore Group… -
REITS and Income Securities
InterRent REIT to be acquired by consortium that includes CLV Group in partnership with GIC in $4 billion all-cash transaction
Goodmans LLP is acting for a consortium that includes CLV Group Inc. in partnership with GIC in connection with the acquisition of InterRent REIT, whereby pursuant to a plan of arrangement a newly… -
Mergers and Acquisitions
Onex to sell WestJet stakes to Delta and Korean Air
Goodmans LLP is advising WestJet Airlines Ltd. and its controlling shareholder, Onex Corporation, in connection with the sale of Onex’s minority stakes in WestJet to Delta Air Lines and Korean Air…