Hilb Group buys Pennsylvania insurance agency, deepening Mid-Atlantic reach
What's the deal? The Hilb GroupDealroom has a profile for this one. Try Dealroom →, a Richmond, Virginia-based insurance brokerage, has acquired a Pennsylvania-based property and casualty and employee benefits agency. Terms were not disclosed. The deal took effect on September 1, 2026.
Why now? The acquisition builds on Hilb's growing presence in the Mid-Atlantic region. The target is a full-service agency spanning both property and casualty and employee benefits lines.
What's the endgame? Hilb, a portfolio company of global investment firm The Carlyle GroupDealroom has a profile for this one. Try Dealroom →, grows through strategic acquisitions while leveraging its resources to drive organic growth in acquired agencies. It has completed more than 200 acquisitions, with over 125 offices across 32 states.
The signal: The deal reflects steady consolidation in US insurance brokerage, where private equity-backed buyers continue to roll up regional agencies to widen their geographic footprint.
Read more: prnewswire.com
Image credit: linek
