The Hilb Group announced last week the acquisition of Engle, Paxson & Hawthorne Insurance Services (EPH) of Leesburg, Va. The transaction was effective April 1, 2013.
Founded over a century ago, EPH serves residents and middle-market business owners in northern Virginia, Washington, D.C., and Maryland. The firm was one of six agencies in the country to receive the “Top Performing Agencies” award from the Independent Insurance Agents and Brokers of America in 2010.
The Hilb Group said this deal comes on the heels of its recent acquisition of Pennoyer Group in nearby Crofton, Md. The Hilb Group CEO Robert J Hilb said his company is continuing to build a strong agency presence in the D.C. metro area.
The Hilb Group was founded in 2009 by Robert H. Hilb, the former founder, CEO and chairman of Hilb, Rogal and Hobbs, and Robert J. Hilb, a former corporate vice president of Hilb, Rogal and Hobbs.
The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company is headquartered in Richmond, Va., with offices in Virginia, North Carolina, Tennessee, Georgia, Maryland and New York.
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