Summary · why it matters
Hub International is looking to raise approximately $3 billion in an initial public offering that could launch as soon as this year. The Hellman & Friedman-backed insurance broker filed confidentially for the listing in late June, with proceeds intended for general corporate purposes including debt repayment. The company is working with Goldman Sachs and Morgan Stanley on the offering, while Bank of America, Barclays, BMO Capital Markets and JPMorgan are also involved. In May 2025, Hub secured a minority investment of around $1.6 billion from investors led by T. Rowe Price Investment Management, Alpha Wave Global and Temasek at an enterprise value of $29 billion. The offering would add to a series of private equity-backed listings during what Bloomberg-compiled data shows is the best half-year on record for US IPOs.