Hellman & Friedman has agreed to acquire Chicago-based insurance brokerage Hub Internationalfrom Apax Partners and Morgan Stanley Principal Investments. The deal comes at an enterprise value of approximately $4.4 billion. Hub had been taken private in 2007 for $1.8 billion.www.hubinternational.com
Distribution International, a Houston, Texas-based portfolio company of Audax Private Equity andThe CapStreet Group, has acquired GlassCell Isofab, a Canadian distributor and fabricator of thermal and acoustical insulation products. No financial terms were disclosed. The deal was done via Distribution International subsidiary Crossroads C&I. www.crossroadsci.com
Equistone Partners has acquired a majority stake in Karl Eugen Fischer GmbH, a German manufacturer of cutting systems for the tire industry, from Equita. No financial terms were disclosed.www.kefischer.de
EZE Trucking, a Rialto, Calif.-based portfolio company of Atlantic Street Capital, has acquired Rig Runners Inc., a Houston, Texas–based heavy haul and over dimensional trucking company. No financial terms were disclosed. www.ezetrucking.com
HgCapital has acquired Nair & Co., a UK-based provider of outsourced back-office solutions for companies expanding into international markets. No financial terms were disclosed. www.nair-co.com
MBK Partners is in exclusive talks to buy ING Groep‘s (Amsterdam: INGA) South Korean insurance business for approximately $1.6 billion, according to a South Korean newspaper report.
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