Hilb Rogal & Hobbs Company announced that it has completed the previously announced acquisition of substantially all the assets of The Resource Group L.C. (TRG) of Overland Park, Kan. Terms of the transaction, effective Aug. 1, 2007, were not disclosed.
Founded in 1985, TRG is primarily an employee benefits brokerage and consulting firm with annualized revenues of approximately $5.1 million in 2006. TRG specializes in group health insurance, ancillary benefits, retirement programs, executive insurance and financial services.
TRG’s team of 37 professionals will continue to serve clients from their current branch under the leadership of President Ames Stetzler. They will become part of HRH’s Central Region, led by Vice President and Central Regional Director William L. Chaufty.
Source: Hilb Rogal & Hobbs Company, www.hrh.com.
Topics Mergers & Acquisitions
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