The Hilb Group LLC (THG) has acquired New York-based Moran, Moran, & Dauphin Inc. (MMDI). The transaction became effective on November 1, 2020.
Founded in 2006, MMDI operates as a full-service agency primarily providing property/casualty insurance products mostly for personal lines, with concentrations in homeowners and personal auto.
As a part of the transaction, the MMDI leadership team of Anthony Moran and Ryan Dauphin, along with their associates, will join THG’s tri-state operations and continue to work out of their existing location in Auburn, N.Y.
THG is a property/casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Va. It is a portfolio company of The Carlyle Group, a global investment firm.
THG seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 100 acquisitions and now has more than 100 offices in 20 states.
Source: The Hilb Group LLC
Topics Mergers & Acquisitions New York
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