The Hilb Group Acquires Kerr-Boswell, Inc.
December 1, 2019
The Hilb Group, LLC (THG), a Richmond-based middle-market insurance brokerage and portfolio company of The Carlyle Group, acquired Bristol, Virginia-based Kerr-Boswell, Inc., effective December 1, 2019. Kerr-Boswell's staff will continue operating from their Bristol location under THG's Abingdon, VA operations as part of THG's strategy to expand its regional footprint in Virginia.
- Buyers
- The Hilb Group, LLC
- Targets
- Kerr-Boswell, Inc.
- Platforms
- The Hilb Group, LLC
- Industry
- Insurance
- Location
- Virginia, United States
- Transaction Type
- Addon
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