The Hilb Group LLC (THG) has acquired Keough Kirby Associates (KK) of Woonsocket, R.I. The transaction became effective April 1, 2017.
As an established agency in New England, KK has been providing property and casualty, life and employee benefits services since 1914.
KK and its employees will join THG’s regional operations in New England while continuing to operate out of the Woonsocket office following the acquisition.
The Hilb Group is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston, Mass.-based private equity firm, ABRY Partners. Going forward, The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space.
Source: The Hilb Group
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations 
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University 
