Hub International has secured a capital injection of roughly $1.6bn, confirming this publication’s report last week that the brokerage had secured a $29bn enterprise value, the largest private valuation for a broking firm to date.
The
Hub confirms $29bn valuation following $1.6bn minority investment
Insurance Insider US revealed last week that Hub had secured a ~16.5x Ebitda valuation in its “private IPO”.