The Hilb Group Acquires CIA Financial Group
July 1, 2020
The Hilb Group, LLC (THG) acquired Michigan-based CIA Financial Group, Inc., effective July 1, 2020. CIA’s agency leader Sam Crudo and his team will join THG’s Midwest operations and continue working from their Shelby Township, Michigan office; THG is a Carlyle Group portfolio company expanding its middle-market insurance brokerage footprint.
- Buyers
- The Hilb Group, LLC
- Targets
- CIA Financial Group, Inc.
- Platforms
- The Hilb Group, LLC
- Industry
- Insurance
- Location
- Michigan, United States
- Transaction Type
- Addon
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