Hub International sells minority stake to Leonard Green at $23bn valuation
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Hub International sells minority stake to Leonard Green at $23bn valuation

Kyoung-son Song
April 28, 2023
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Hub International has entered into an agreement with Los Angeles-based private equity firm Leonard Green & Partners to receive a “substantial” minority investment with an enterprise valuation of $23bn.

Inside P&C revealed in late March that Leonard Green was one of the two remaining parties in the process, with an enterprise value of under $25bn, based on bids of ~16x just under $1.5bn

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Kyoung-son Song
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