M&A Deal Summary

Hilb Group Acquires Jamieson Insurance Agency

On July 9, 2019, Hilb Group acquired insurance company Jamieson Insurance Agency

Acquisition Highlights
  • This is Hilb Group’s 54th transaction in the Insurance sector.
  • This is Hilb Group’s 57th transaction in the United States.
  • This is Hilb Group’s 1st transaction in Vermont.

M&A Deal Summary

Date 2019-07-09
Target Jamieson Insurance Agency
Sector Insurance
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

Jamieson Insurance Agency

Waitsfield, Vermont, United States
Jamieson Insurance Agency, Inc. is a property & casualty agency primarily providing business, auto & home insurance. Jamieson Insurance Agency was founded in 1977 and is based in Waitsfield, Vermont.

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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 57 of 126
Sector (Insurance) 54 of 118
Type (Add-on Acquisition) 51 of 115
State (Vermont) 1 of 2
Country (United States) 57 of 126
Year (2019) 9 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 360 Corporate Benefit Advisors

Fairfield, Connecticut, United States

360 Corporate Benefit Advisors (360CBA) is an employee benefit consulting firm providing insurance brokerage, administration, and advisory services to businesses primarily in the Northeast.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-23 Damiano Agency

Cranston, Rhode Island, United States

Damiano Agency, Inc. is a provider of property and casualty insurance solutions for businesses and individuals in the Rhode Island area.

Buy -