Hilb Group Acquires Virginia-Based Agency, Builds On Employee Benefits Offerings And Growing Market Presence
Hilb Group Acquires Virginia-Based Agency, Builds On Employee Benefits Offerings And Growing Market Presence
05/06/22, 1:17 PM
Location
Industry
human resources
employee benefits
The Hilb Group announced today that it grown its market presence in the Mid-Atlantic region through the acquisition of a Virginia-based employee benefits agency. The transaction became effective April 1, 2022.
Company Info
Location
Illinois, United States
Company info
The Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. It is a portfolio company of The Carlyle Group, a global investment firm. The company seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. With over 125 offices in 29 states, The Hilb Group has completed more than 165 acquisitions and is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance Journal, and one of America's Fastest Growing Private Companies in the Inc. 5000.
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