Hub International is working to raise ~$1bn of equity via what is effectively a private IPO at a ~$30bn valuation, as it seeks to place a mark on the business at a multiple in excess of its 2023 deal...
Hub International targeting 16.5x-17x multiple in ‘private IPO’ deal
Sources said that the broking giant will look to add around 10 additional backers at a $30bn EV.