The Hilb Group LLC (THG) has acquired New York-based Hiram Cohen & Son Inc. (HCS). The transaction became effective on December 1, 2020.
HCS, founded in 1919, is still operated by descendants of Founder Hiram Cohen, celebrating four generations in the same family. HCS is a property/casualty-focused agency with a specialization in high net worth personal lines, real estate, law firms, financial institutions, family offices, retailers and importers of all kinds.
Ronald Cohen, Darren Cohen and their associates will continue to operate out of their office in Williston Park as part of the tri-state operations of THG.
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
Topics Mergers & Acquisitions New York
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