Deal Snapshot
THE HILB GROUP ACQUIRES MARSH-KEMP INSURANCE AGENCY
Thursday 14 March 2019

US-based middle market insurance agency The Hilb Group, LLC has acquired Massachusetts, US-based Marsh-Kemp Insurance Agency, Inc., the company said. Established in 1912, MK provides clients with a variety of personal and business insurance options. 
Thomas McLear, Agency Leader, will continue to lead MK's associates out of the existing locations in Worcester and Auburn. The Hilb Group is a middle market insurance agency headquartered in Richmond, Virginia and is a portfolio company of Boston-based private equity firm, Abry Partners.


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Details
Date Published: 14/03/2019
Target: Marsh-Kemp Insurance Agency
Country: USA
Sector: Insurance
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: The Hilb Group
Comment:
Terms of the deal were not disclosed

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