The Hilb Group Acquires New York’s Bentson Insurance Group

The Hilb Group LLC (THG) has acquired New York–based Bentson Insurance Group. The transaction became effective May 1, 2018.

Founded in 1948, Bentson Insurance Group is a full-service property and casualty insurance agency specializing in home and business insurance as well as group benefits insurance. With its office in Staten Island, this acquisition will be the fifth location in THG’s New Jersey/New York region.

Bob Bentson, principal of Bentson Insurance Group, will continue to lead the agency’s associates under its current name following the acquisition.

The Hilb Group is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners. It is seeking to grow through targeted acquisitions in the middle market insurance brokerage space.

Source: The Hilb Group LLC

Topics Mergers & Acquisitions New York