The Hilb Group LLC (THG) has acquired Arkansas-based Walker Brothers Insurance Inc. (WBI), effective April 1, 2019.
Formed in 1932, WBI is a full-service retail agency primarily focused on commercial property/casualty insurance for small to medium sized businesses. WBI’s employees, including Agency Leader Mike Luttrell, are joining THG and will continue to operate out of their office located in Springdale, Arkansas.
The Hilb Group is a middle market insurance agency 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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