The Hilb Group LLC, which is backed by ABRY Partners, has acquired Woonsocket, Rhode Island-based Keough Kirby Associates, a New England-based provider of property and casualty, life and employee benefits services. No financial terms were disclosed.
RICHMOND, Va., May 2, 2017 /PRNewswire/ — The Hilb Group, LLC (THG) announced today the acquisition of Keough Kirby Associates (KK) of Woonsocket, R.I. The transaction became effective April 1, 2017.
As a well-established agency in New England, KK has been providing property and casualty, life and employee benefits services since 1914. KK and its employees will join THG’s regional operations in New England while they continue to operate out of the Woonsocket office.
“We are excited to welcome KK to the Hilb Group team and are enthused to continue expanding our New England footprint,” said Robert J. Hilb, Founder and CEO of THG.
“With over 100 years of experience, KK has provided exceptional customer service and a wide array of services for their clients,” added Joseph Padula, Managing Director of the Hilb Group of New England based out of Providence, R.I. “We look forward to adding their expertise and continuing the level of service to their existing clients.”
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. Please visit our website at: http://hilbgroup.com.