M&A Deal Summary |
|
|---|---|
| Date | 2020-01-28 |
| Target | Group Brokerage Insurance Agency |
| Sector | Insurance |
| Buyer(s) | Hilb Group |
| Sellers(s) | Digital Insurance |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2009 |
| Sector | Insurance |
| Employees | 900 |
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 | 71 of 126 |
| Sector: Insurance M&A | 68 of 118 |
| Type: Divestiture M&A Deals | 7 of 11 |
| State: Massachusetts M&A | 15 of 22 |
| Country: United States M&A | 71 of 126 |
| Year: 2020 M&A | 3 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-22 |
Martens Johnson Insurance Agency
Rockville, Maryland, United States Martens Johnson Insurance Agency, Inc. is a full-service insurance agency focused on the unique needs of the commercial transportation industry in the Maryland and Washington DC metro areas. Martens Johnson Insurance Agency, Inc. was established in 1984 and is based in Rockville, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-11 |
Regency Group
East Lansing, Michigan, United States Regency Insurance Group LLC is a property & casualty agency that specializes in personal lines coverage. RIG is focused on serving households throughout Florida by offering home, auto, flood, and watercraft insurance. Regency Insurance Group is based in East Lansing, Michigan. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Business Services |
Digital Insurance, Inc. is an employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. Digital manages more than 20,000 employer clients, 250 broker partnerships and more than $1 billion in annual premiums. Digital's largest division, Digital Benefits Advisors, is a rapidly growing health benefits brokerage agency that utilizes Digital's highly scalable benefits technology platform to successfully target the SMB marketplace on a direct basis.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: Massachusetts M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-10 |
TriSure Benefits
Raleigh, North Carolina, United States TriSure Benefits, LLC is an independently owned insurance consulting firms. |
Sell | - |