Hub secures $1.6 billion minority investment
- July 29, 2025
- Posted by: Web workers
- Category: Workers Comp
Hub International Ltd. said Monday that several investment firms have agreed to invest $1.6 billion in the brokerage, valuing the company at $29 billion.
Funds advised by Baltimore-based T. Rowe Price Investment Management Inc., New York-based Alpha Wave Global LP, and Temasek Holdings (Private) Ltd., a Singapore sovereign wealth fund, led the investment, Hub said in a statement.
Hub last announced a significant minority investment in 2023 when the investment from Los Angeles-based private-equity firm Leonard Green & Partners LP valued the company at $23 billion.
Hub is the largest privately held brokerage in the world and the fifth largest overall by revenue, with about $4.8 billion in 2024 revenue.
Hellman & Friedman, which invested in the brokerage in 2013, still holds a controlling interest. Altas Partners and Leonard Green & Partners LP continue to be significant minority investors, with seats on the Hub board, the statement said.
