Hub International Acquires Ontario-Based PDF Financial Group Inc.
Chicago, IL — Hub International Limited (Hub), a leading global insurance brokerage, announced that it has acquired PDF Financial Group Inc. (PDF). Terms of the transaction were not disclosed.
Based in Toronto, Ontario, Canada, PDF is an independent brokerage offering consulting and outsourcing services for employee benefit programs, human resources, and related financial advice. Peter Demangos, Founder and President of PDF, will join Hub International Ontario Limited (Hub Ontario).
The move continues to reinforce Hub’s ongoing Canadian employee benefits growth and services strategy to expand its best-in-class employee benefits and retirement solution, addressing the challenges clients are facing, including in benefits communication, health and wellness, and retirement.