The Hilb Group, LLC (THG) has acquired West Coast Insurance (WCI) of Tampa, Fla. The transaction became effective on March 1. WCI will continue to operate at its current location under the leadership of previous owner and president, George Lackey. WCI is THG’s second acquisition in 2015.
Founded in 1993, WCI is focused on commercial and personal lines in Florida. It also has developed a national insurance practice focused on supporting the marine industry. The Hilb Group was founded in 2009 by Robert H. Hilb, the former founder, CEO and Chairman of Hilb, Rogal and Hobbs (HRH), and Robert J. Hilb, a former corporate VP of HRH.
The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company is headquartered in Richmond, Va. with 22 offices in Georgia, Florida, Kentucky, Maryland, New York, North Carolina, Tennessee, Virginia, and West Virginia.
SOURCE: The Hilb Group, LLC
Topics Mergers & Acquisitions Florida
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