RICHMOND, Va., Oct. 30, 2019 — The Hilb Group, LLC (“Hilb”), a leading national insurance broker, announced today that it has signed a definitive agreement with global investment firm The Carlyle Group (NASDAQ: CG) for investment funds affiliated with Carlyle to acquire a majority interest of Hilb. Hilb’s existing management team and employee shareholders are expected to […]
RICHMOND, Va., Oct. 29, 2019 — The Hilb Group, LLC (“THG”) announced today the acquisition of New York-based Avanti Associates Ltd. (“Avanti”), comprised of Associated Insurance Agency of Westchester, Inc., Comprehensive Insurance Brokerage, Inc. and Bruce Farnham Associates, Ltd. The transaction became effective October 1, 2019. Avanti is a full-service agency providing personal and commercial insurance as well […]
RICHMOND, Va., Oct. 16, 2019 — The Hilb Group, LLC (“THG”) announced today the acquisition of New Jersey-based New Agency Partners (“NAP”). The transaction became effective October 1, 2019. NAP is a full-service insurance brokerage in Parsippany, New Jersey providing business insurance, employee benefits and personal insurance to clients throughout the Tri-State region. The NAP […]
RICHMOND, Va., Oct. 15, 2019 — The Hilb Group, LLC (“THG”) announced today the acquisition of New Jersey-based LCIA, Inc. DBA Campisano Insurance Agency (“LCIA”). The transaction became effective October 1, 2019. LCIA is a full-service Property & Casualty agency that has specialized in the commercial transportation and trucking industry since 1980. Headquartered in Kearny, […]
