The Hilb Group Acquires Compass Planners
February 1, 2021
The Hilb Group, LLC (THG) acquired Rhode Island-based Compass Planners effective February 1, 2021. Compass Planners is a specialized Medicare Advantage brokerage led by Jim Soucy, who — with three colleagues — joined THG to lead and expand its Medicare retail and wholesale practice. THG, a Richmond-based insurance brokerage and portfolio company of The Carlyle Group, said the acquisition will grow its National Benefits Practice and support expansion of its Medicare offerings.
- Buyers
- The Hilb Group, LLC
- Targets
- Compass Planners
- Platforms
- The Hilb Group, LLC
- Industry
- Insurance
- Location
- Rhode Island, United States
- Transaction Type
- Addon
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