The Hilb Group Acquires Massachusetts’ Bruce Crohn

The Hilb Group LLC (THG) has acquired Bruce Crohn LLC. The transaction became effective December 1, 2018.

Founded in 2009, Crohn is a full-service employee benefits consultant and insurance brokerage firm located in Cambridge, Mass. It assists in managing the group benefits programs for small-to-medium sized companies, with a specialty in early-stage technology firms.

THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners. It seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has 66 offices in 17 states.

Source: The Hilb Group