The Hilb Group Acquires Massachusetts’ DBR Group

The Hilb Group LLC has acquired Massachusetts-based DBR Group Inc. The transaction became effective October 1, 2018.

Founded in 2004, DBR is an employee benefit and actuarial consulting firm providing a range of benefits consulting and brokerage services to organizations of all sizes, including corporations, non-profits, Taft-Hartley funds and public sector employers.

Following the acquisition, DBR will continue to operate out of its Framingham, Mass., location under the direction of its founding leadership – Paul Desrosiers, Chris Bean and Jim Roche.

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.

Source: The Hilb Group

Topics Mergers & Acquisitions Massachusetts