The Hilb Group Acquires New England-Based 360 Corporate Benefit Advisors

The Hilb Group LLC (THG) has acquired New England-based 360 Corporate Benefit Advisors (360CBA). The transaction became effective May 1, 2019.

With offices in Fairfield, Conn., and Wayland, Mass., 360CBA is an employee benefits consulting firm providing insurance brokerage, administration and advisory services to businesses primarily in the Northeast.

All of 360CBA’s employees, including Agency Leaders Paul Lambert, Sean Carney, Jason Jaworoski and Steve Nadeau, are joining THG and will continue to operate under 360CBA’s existing name.

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 80 offices in 19 states.

Source: The Hilb Group LLC

Topics Mergers & Acquisitions