The Hilb Group, a portfolio company of ABRY Partners, has acquired Gentry Insurance Agency (GIA) Inc. Financial terms weren’t announced. Apopka, Florida-based GIA is an insurance agency.
RICHMOND, Va.–(BUSINESS WIRE)–Today, The Hilb Group, LLC (“THG”) announced the acquisition of Gentry Insurance Agency (GIA) Inc. GIA is an independent insurance agency located in Apopka, Fla. The transaction became effective October 1, 2015.
As an independent agency, GIA represents multiple insurance companies in order to offer the best possible insurance solutions for their individual, family and business clients. Since 1937, GIA has earned a reputation across Central Florida for providing customers the best value in auto, property, group health, worker’s comp, home, life, and business insurance.
“This partnership expands our product and service offerings, and it gives us greater access to The Hilb Group’s national resources,” said Debra Liebknecht, president and owner of GIA. “We are excited by the opportunities being part of The Hilb Group will provide for our employees and our customers.”
GIA is THG’s eighth acquisition in 2015 and will continue operating under its current leadership. This acquisition supports THG’s strategic expansion plan, and it strengthens THG’s presence in Florida.
“From their people to their products and services, GIA has earned our respect as an exceptional insurance agency,” said Robert J. Hilb, president and CEO of THG. “We are fully committed to building a great operation in Florida. Having an established group with more than 75 years of outstanding service under their belt join our team will help us reach our goals in the region.”
About The Hilb Group: The Hilb Group is a leading middle market insurance agency headquartered in Richmond, Va. 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 36 offices in Florida, Georgia, Kentucky, Maryland, New York, North Carolina, Rhode Island, Tennessee, Texas, Virginia, and West Virginia. Please visit our website at: http://hilbgroup.com/.