M&A Deal Summary

Hilb Group Acquires Walker Brothers Insurance

On April 16, 2019, Hilb Group acquired insurance company Walker Brothers Insurance

Acquisition Highlights
  • This is Hilb Group’s 51st transaction in the Insurance sector.
  • This is Hilb Group’s 53rd transaction in the United States.
  • This is Hilb Group’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2019-04-16
Target Walker Brothers Insurance
Sector Insurance
Buyer(s) Hilb Group
Deal Type Add-on Acquisition

Target

Walker Brothers Insurance

Springdale, Arkansas, United States
Walker Brothers Insurance, Inc. is a full-service retail agency primarily focused on commercial property & casualty insurance for small to medium-sized businesses. Walker Brothers Insurance, Inc. was founded in 1932 and is based in Springdale, Arkansas.

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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 53 of 126
Sector (Insurance) 51 of 118
Type (Add-on Acquisition) 48 of 115
State (Arkansas) 1 of 1
Country (United States) 53 of 126
Year (2019) 5 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-09 eBenefits Group Northeast

Unionville, Connecticut, United States

eBenefits Group Northeast LLC is a full-service employee benefits firm providing solutions to businesses, non-profits and municipalities throughout the Northeast. eBenefits Group Northeast LLC is based in Unionville, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-07 Summit Insurance Services

Leesburg, Virginia, United States

Summit Insurance Services LLC is an insurance agency that primarily provides employee benefits solutions to businesses and individuals throughout the Mid-Atlantic region. SIS will continue to do business under their existing name and remain in their current offices in Leesburg, Virginia and Moorefield, West Virginia.

Buy -
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