The Hilb Group announced that it has acquired Wharton Surety Consultants, expanding its growing presence in the Philadelphia area. The transaction became effective December 31, 2021.
Based in Wayne, Pennsylvania, Wharton specializes in surety and fidelity bonding. Serving clients nationwide, Wharton maintains relationships with more than 20 different sureties.
Agency Principal Eric Follman and his team of surety professionals will join the Hilb Group’s Mid-Atlantic regional operations.
Richmond, Virginia-based insurance brokerage Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group has completed more than 125 acquisitions and now has over 100 offices in 22 states.
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