Hub International Acquires Canadian Broker PDF Financial Group

October 9, 2019

Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc.

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 Ltd. (Hub Ontario).

The acquisition is another in a series of acquisitions that reinforce Hub’s ongoing Canadian employee benefits growth and services strategy to expand its employee benefits and retirement solution.

Source: Hub International Ltd

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