The Hilb Group Acquires Benefit Foundations, LLC and Hires Patrick Grant

May 1, 2021

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.

Buyers
The Hilb Group, LLC
Targets
Benefit Foundations, LLC
Platforms
The Hilb Group, LLC
Industry
Insurance
Location
New Jersey, United States
Transaction Type
Addon

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