The Hilb Group LLC (THG) has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency Inc. (E&L). The transaction became effective on July 1, 2020.
Located in Chatham, Mass., E&L is a full–service agency primarily providing property and casualty insurance for personal lines to customers throughout the state.
The E&L team, including Owners Alan Long and Pat Long, will join THG of New England and continue to operate out of their existing location following the acquisition.
THG is a middle market insurance agency headquartered in Richmond, Va., and is 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 LLC
Was this article valuable?
Here are more articles you may enjoy.
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations 
Product Liability Verdicts Are on the Rise but There Are Ways to Avoid Them 
Surveys Show Concerns About Florida Market, But Consumers Are Warming Up 
Illinois Attorney General Announces $120M Settlement With Monsanto 
