The Hilb Group Acquires Clarus Benefits Group

Hilb Group Acquires Texas-based Property & Casualty Business

December 1, 2024

Insurance

Hilb Group acquired an undisclosed Texas-based property and casualty insurance business effective December 1, 2024, expanding the company's P&C presence in Texas and the region. Hilb Group, a Richmond, Virginia-based insurance brokerage and advisory firm that is a portfolio company of The Carlyle Group, continues to grow via add-on acquisitions to broaden its geographic footprint and service capabilities.

Hilb Group Acquires Texas-Based Property & Casualty Agency

August 1, 2024

Financial Services

The Hilb Group, a Carlyle-backed property & casualty and employee benefits brokerage headquartered in Richmond, Virginia, acquired a Texas-based property and casualty agency effective August 1, 2024. The acquisition expands Hilb Group's presence in its Central region; the target was not named in the announcement and financial terms were not disclosed.

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.

The Hilb Group, LLC Acquires Insurance Solutions

October 13, 2020

Insurance

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.

The Hilb Group Acquires Kerr-Boswell, Inc.

December 1, 2019

Insurance

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.

The Hilb Group Acquires Employee Benefit Advisors of the Carolinas

November 1, 2019

Insurance

The Hilb Group, LLC (a portfolio company of Abry Partners) acquired Charlotte-based Employee Benefit Advisors of the Carolinas, LLC effective November 1, 2019. EBA will join THG’s Southeast benefits operations, with EBA Principal Suzy Johnson joining THG’s team to support regional growth in employee benefits for small- to mid-market clients.