M&A Deal Summary

Hilb Group Acquires Cook

On August 31, 2022, Hilb Group acquired insurance company Cook

Acquisition Highlights
  • This is Hilb Group’s 109th transaction in the Insurance sector.
  • This is Hilb Group’s 116th transaction in the United States.
  • This is Hilb Group’s 22nd transaction in Massachusetts.

M&A Deal Summary
Date 2022-08-31
Target Cook
Sector Insurance
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

Cook

Hanover, Massachusetts, United States
Cook provides a broad range of health plan consulting services, and administrative and claims management services for Medical Stop-Loss to minimize risk and reduce expenses. Cook was founded in 1981 and is based in Hanover, Massachusetts.

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Buyer(S) 1

Buyer

Hilb Group

Richmond, Virginia, United States
Category Company
Founded 2009
Sector Insurance
Employees900
DESCRIPTION

Hilb Group is a middle-market insurance agency. Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. Hilb Group was founded in 2009 and is based in Richmond, Virginia.

DEAL STATS #
Overall 116 of 126
Sector (Insurance) 109 of 118
Type (Add-on Acquisition) 105 of 115
State (Massachusetts) 22 of 22
Country (United States) 116 of 126
Year (2022) 10 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Lighthouse Insurance

Dorchester, Massachusetts, United States

Lighthouse Insurance provides property and casualty offerings, in particular personal and commercial transportation with a focus on livery and taxis. Lighthouse Insurance was founded in 1987 and is based in Dorchester, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Abatelli Insurance

Whitestone, New York, United States

Abatelli Insurance provides auto insurance, homeowner insurance, and commercial insurance needs of residents and business owners. Abatelli Insurance was founded in 1904 and is based in Whitestone, New York.

Buy -
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