The Hilb Group LLC (THG) has acquired certain assets of Rhode Island-based D. F. Dwyer & Associates LLC (DFD). The transaction became effective February 1, 2020.
Based in Newport, R.I., DFD provides a full range of property and casualty insurance products and services to businesses and individuals. DFD Agency Leader Dan Dwyer and his associates will join THG New England’s team. DFD will complement and strengthen THG’s property and casualty capabilities in the New England region, according to a THG press release.
THG is a middle market insurance agency headquartered in Richmond, Va., and a portfolio company of global investment firm, The Carlyle Group. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has more than 90 offices in 20 states.
Source: The Hilb Group
Topics Mergers & Acquisitions
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