M&A Deal Summary

Hilb Group Acquires McCartha Cobb & Associates

On April 13, 2021, Hilb Group acquired construction company McCartha Cobb & Associates

Acquisition Highlights
  • This is Hilb Group’s 1st transaction in the Construction sector.
  • This is Hilb Group’s 93rd transaction in the United States.
  • This is Hilb Group’s 4th transaction in South Carolina.

M&A Deal Summary
Date 2021-04-13
Target McCartha Cobb & Associates
Sector Construction
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

McCartha Cobb & Associates

Columbia, South Carolina, United States
McCartha Cobb & Associates provides a unique brand of personalized service to small and medium-sized contractors throughout the southeast. The company provides clients with financial security and construction assurance that helps in starting the next project as soon as possible. McCartha Cobb & Associates prides itself on matching contractors with the right surety company to best fit individual needs. It also helps to create lasting relationships to ensure not only maintain surety capacity but that increase it in the future. McCartha Cobb & Associates was formed in 1978 and is based in Columbia, South 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 93 of 126
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 82 of 115
State (South Carolina) 4 of 4
Country (United States) 93 of 126
Year (2021) 8 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Parallel Risk Advisors

Baltimore, Maryland, United States

Parallel Risk Advisors is a commercial lines property and casualty (P&C) consulting and advisory firm specializing in the commercial real estate industry. Parallel Risk Advisors was founded in 2013 and is based in Baltimore, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-22 Clarus

Houston, Texas, United States

Clarus is an employee benefits and human resources consulting firm, providing unique packages and services for clients in a variety of industries. Clarus was founded in 2007 and is based in Houston, Texas.

Buy -
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