The Hilb Group LLC, a portfolio company of Abry Partners, has acquired Connecticut-based eBenefits, a employee benefits firm. No financial terms were disclosed.
RICHMOND, Va., April 9, 2019 /PRNewswire/ — The Hilb Group, LLC (“THG”) announced today the acquisition of Connecticut-based eBenefits Group Northeast, LLC (“eBenefits”). The transaction became effective April 1, 2019.
Headquartered in Unionville, Connecticut, eBenefits is a full-service employee benefits firm providing solutions to businesses, non-profits and municipalities throughout the Northeast. eBenefits will continue to operate out of its current locations in Unionville and Wallingford.
“For more than 25 years, eBenefits has been a trusted employee benefits partner of local and national organizations and associations,” said Stephen Repka, eBenefits Agency Leader. “Joining THG positions us for sustained growth by further expanding our resources for our clients and the opportunities for our employees.”
“The reputation eBenefits has built with their clients and within the community is a perfect fit in to the growing THG team,” said Ricky Spiro, THG CEO. “We’re very excited to welcome the associates at eBenefits to THG.”
About the Hilb Group: The Hilb Group is a leading middle market insurance agency headquartered in Richmond, Virginia and is a portfolio company of Boston-based private equity firm, Abry Partners. The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has 74 offices in 17 states. Please visit our website at: http://hilbgroup.com.