Sequeira Partners acted as exclusive financial advisor to Porchlight Financial (“Porchlight”) on its sale to Hub International Ltd. (“Hub”).
Description of Transaction
Sequeira Partners was engaged by Porchlight to assist with the sale to Hub. The Sequeira team provided advisory assistance throughout the transaction including negotiating key deal terms, transaction structure and consideration, as well as assisting in due diligence and other pre-closing matters.
The sale to Hub allows Porchlight to access and leverage the resources of one of North America’s largest insurance brokers; the largest in Canada. This will best position the Company and its team for continued success and future growth through Hub’s reach and broad array of insurance and risk services.
Headquartered in Vancouver, British Columbia, Canada, Porchlight Financial is a preeminent group retirement consulting company that services a diverse client base. With over 25+ years of delivering group retirement consulting to businesses across Canada, Porchlight provides extensive and industry-leading member level services.
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
Province
British Columbia
Sector
Diversified, Financial Services
Service
Sell-Side
Contact
Kellie Manchester
Erica McGuinness
Erik Vagle