Hub confirms additional minority deal at $23bn valuation
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Hub confirms additional minority deal at $23bn valuation

Jairo Ibarra
September 15, 2023
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Hub International has confirmed an additional capital injection from existing backer Leonard Green alongside other investors, valuing the retailer at $23bn.

Yesterday, Inside P&C revealed that the Chicagoan retailer had followed up on its April minority deal with Leonard Green by securing additional support from a range of sovereign wealth funds, private equity and family offices.

Sources

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Jairo Ibarra
Senior Reporter
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