M&A Deal Summary

Hilb Group Acquires EB Advisors

On November 19, 2019, Hilb Group acquired insurance company EB Advisors

Acquisition Highlights
  • This is Hilb Group’s 63rd transaction in the Insurance sector.
  • This is Hilb Group’s 66th transaction in the United States.
  • This is Hilb Group’s 6th transaction in North Carolina.

M&A Deal Summary
Date 2019-11-19
Target EB Advisors
Sector Insurance
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

EB Advisors

Charlotte, North Carolina, United States
Employee Benefit Advisors of the Carolinas LLC is a full-service employee benefits agency for small to mid-market businesses in the Southeast region. Employee Benefit Advisors of the Carolinas LLC is based in Charlotte, North Carolina.

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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 66 of 126
Sector (Insurance) 63 of 118
Type (Add-on Acquisition) 60 of 115
State (North Carolina) 6 of 8
Country (United States) 66 of 126
Year (2019) 18 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-12 G&N Insurance

Southborough, Massachusetts, United States

Gould & Naimoli Partners LLC is a property & casualty insurance agency primarily providing personal lines insurance to real estate owners in the New England area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Beth Berardi

Braintree, Massachusetts, United States

Beth Berardi is a provider of property and casualty insurance services. Beth Berardi is based in Braintree, Massachusetts.

Buy -
Mergr

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