The Hilb Group, LLC has acquired South Carolina-based Plan Benefit Services, Inc. (PBSI). The transaction became effective on Dec. 1, 2020.
Plan Benefit Services, Inc. is an employee benefits consulting, management and brokerage firm independently owned and operated since 1986. As a part of the transaction, Branford Armstrong and the PBSI associates will join THG’s Southeast operations and continue to work out of their existing location in West Columbia, S.C.
The Hilb Group is a property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Va. THG is a portfolio company of The Carlyle Group, a global investment firm. The company has over 100 offices in 20 states.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies 
Federal Judge Cautions State Farm Against Gambling With Courts 
Auto and Home Insurance Consumers Getting Used to Using AI: JD Power 
Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it 
