M&A Deal Summary

Hilb Group Acquires Hockman Insurance Agency

On January 6, 2014, Hilb Group acquired insurance company Hockman Insurance Agency

Acquisition Highlights
  • This is Hilb Group’s 8th transaction in the Insurance sector.
  • This is Hilb Group’s 8th transaction in the United States.
  • This is Hilb Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2014-01-06
Target Hockman Insurance Agency
Sector Insurance
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

Hockman Insurance Agency

Tampa,, Florida, United States
Hockman Insurance Agency has a long history of providing commercial and personal protection for business owners and residents of the greater Tampa area.

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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 8 of 126
Sector (Insurance) 8 of 118
Type (Add-on Acquisition) 8 of 115
State (Florida) 1 of 9
Country (United States) 8 of 126
Year (2014) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-16 Engle Paxson and Hawthorne Insurance Services

Leesburg, Virginia, United States

Engle, Paxson, and Hawthorne Insurance providing residents and business owners in Northern VA, Washington DC and Maryland the best protection for their assets and health.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-20 Newman Crane & Associates Insurance

Orlando, Florida, United States

Newman Crane & Associates Insurance providing excellent service to commercial and personal clients in the greater Orlando area.

Buy -
Mergr

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