The Hilb Group LLC (THG) has acquired Indianapolis, Indiana-based Fundamental Insurance & Retirement Planning Inc. (FIRP).
The transaction was effective October 1, 2016.
FIRP provides a range of insurance offerings from property and casualty to life and health for businesses and individuals. All of FIRP’s employees, including President Michael Weisemann, are joining THG and will continue to operate out of their four offices located throughout Indiana under their existing name.
With this acquisition, THG expands its footprint into the Midwest and establishes its commitment to building a distinguished network of nationwide agency partners.
The Hilb Group is headquartered in Richmond, Virginia, and is a portfolio company of Boston-based private equity firm, ABRY Partners.
Source: The Hilb Group
Topics Mergers & Acquisitions
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