The Hilb Group Acquires Parallel Risk Advisors
January 1, 2021
The Hilb Group, LLC (THG) acquired Maryland-based Parallel Risk Advisors, LLC effective January 1, 2021. The small commercial lines P&C consulting firm — whose principals Debbie Dorsch, Jessica Gray and Eileen Hartzell joined THG — will operate as part of THG’s Mid-Atlantic region to expand risk-management capabilities for commercial real estate clients.
- Buyers
- The Hilb Group, LLC
- Targets
- Parallel Risk Advisors, LLC
- Platforms
- The Hilb Group, LLC
- Industry
- Insurance
- Location
- Maryland, United States
- Transaction Type
- Addon
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The Hilb Group Acquires Rampart Brokerage Corporation & Affiliates
December 1, 2020
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The Hilb Group, LLC has acquired New York-based Rampart Brokerage Corporation & Affiliates, marking THG's 100th and largest acquisition to date. Rampart — headquartered in Lake Success, New York with nearly 200 employees — will join THG's Tri-State operations and continue to operate from its existing New York, New Jersey and Pennsylvania locations.
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The Hilb Group, LLC Acquires Insurance Solutions
October 13, 2020
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The Hilb Group, LLC (THG) acquired Annapolis-based Insurance Solutions (ISI), a full-service employee benefits agency, in a transaction effective October 1, 2020. ISI's leadership team and associates will join THG’s Mid-Atlantic operations and continue to operate from their existing Annapolis location as part of THG’s expanding employee benefits platform; THG is a portfolio company of The Carlyle Group.
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The Hilb Group Acquires Moran, Moran, & Dauphin
November 1, 2020
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The Hilb Group, LLC (THG) acquired New York-based insurance agency Moran, Moran, & Dauphin, Inc., effective November 1, 2020. The Moran leadership team will join THG's Tri-State operations and continue to operate from their Auburn, New York location, strengthening THG's property & casualty capabilities in the region.
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The Hilb Group Acquires Compass Planners
February 1, 2021
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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.
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The Hilb Group Acquires Benefit Foundations, LLC and Hires Patrick Grant
May 1, 2021
Insurance
The Hilb Group, LLC (THG) acquired Benefit Foundations, LLC effective May 1, 2021 and concurrently hired employee benefits specialist Patrick Grant to join its New Agency Partners office in Parsippany, New Jersey. The acquisition strengthens THG’s employee benefits capabilities in the Tri-State region; THG is a PE-backed insurance brokerage (portfolio company of The Carlyle Group) pursuing growth through strategic add-on acquisitions.
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The Hilb Group Acquires Insurance Trustees, Inc.
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Insurance
The Hilb Group, LLC (a Richmond-based, PE-backed insurance agency) has acquired Insurance Trustees, Inc., an Indiana-based property & casualty and employee benefits agency, effective December 1, 2017. Insurance Trustees will continue to operate from its Garrett, Indiana office under its existing name, joining THG’s growing platform to strengthen the firm’s geographic presence in Indiana.
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