The Hilb Group Expands Its Operations with A Strategic Acquisition in North Carolina
The Hilb Group, a prominent property and casualty and employee benefits brokerage firm based in Richmond, Virginia, has made significant strides in expanding its operations with the recent acquisition of a North Carolina-based company specializing in life, health, and employee benefits. The deal officially took effect on September 1, 2025, marking a notable enhancement to Hilb Group's footprint in the Southeast region.
This strategic acquisition reflects the Hilb Group's ongoing commitment to growth through targeted initiatives. The company has consistently demonstrated a robust acquisition strategy since its inception, successfully completing over 190 acquisitions across 32 states, with more than 125 offices currently in operation. The Hilb Group is well-regarded within the industry, being recognized as one of the Fastest Growing Brokers by Business Insurance and a Top Property and Casualty Agency by Insurance Journal.
Founded with a vision to leverage expertise and resources for organic growth, the Hilb Group aims not only to expand its portfolio through acquisitions but also to enhance the capabilities of its acquired businesses. The addition of the North Carolina firm will bolster its service offerings and provide clients in the region with comprehensive solutions in life and health insurance as well as employee benefits.
Peter Lobred, a spokesperson for the company, highlighted that this acquisition aligns with their strategic goals to solidify their position as a leader in the industry. "Our growth trajectory has been fueled by our proactive approach to mergers and acquisitions, allowing us to bring valuable resources and expertise to the communities we serve," he stated.
With operations primarily based in Richmond, Virginia, the Hilb Group has made a significant mark nationally, being owned by the prestigious Carlyle Group, a global investment firm. This backing not only underscores its capacity for significant growth but also enhances its credibility as an influential player in the insurance brokerage space.
Analysts have noted that the move into North Carolina is ideal, given the state's dynamic market and growing economy. By tapping into this region, Hilb Group not only seeks to increase its market share but also aims to provide tailored services to suit the specific needs of local businesses and employees. The North Carolina acquisition is expected to attract new clientele while further solidifying its existing relationships in the Southeast region.
In recent years, Hilb Group has received accolades recognizing its rapid growth and strong operational performance. It is not only listed among America’s Fastest Growing Private Companies in the Inc. 5000 but also has earned a reputation for delivering exceptional value through its insurance and advisory services.
As the Hilb Group moves forward, their focus will likely remain on acquiring businesses that complement their existing operations while enhancing their service offerings. Potential future acquisitions may include companies specializing in specific niches or broader market segments within the insurance industry.
For those interested in opportunities within the rapidly growing Hilb Group, career prospects are continuously emerging as the company expands. Current job vacancies can be found on their official website, where potential employees can also access more information regarding the firm’s growth and corporate culture.
In conclusion, with the recent acquisition in North Carolina, the Hilb Group continues its forward momentum, anticipating that this will not only benefit their operational capabilities but also enhance customer service and satisfaction across the board. As they integrate the new business into their framework, focus will be on ensuring a smooth transition for clients and staff alike, furthering their reputation as a trusted partner in life, health, and employee benefits services.
This strategic acquisition reflects the Hilb Group's ongoing commitment to growth through targeted initiatives. The company has consistently demonstrated a robust acquisition strategy since its inception, successfully completing over 190 acquisitions across 32 states, with more than 125 offices currently in operation. The Hilb Group is well-regarded within the industry, being recognized as one of the Fastest Growing Brokers by Business Insurance and a Top Property and Casualty Agency by Insurance Journal.
Founded with a vision to leverage expertise and resources for organic growth, the Hilb Group aims not only to expand its portfolio through acquisitions but also to enhance the capabilities of its acquired businesses. The addition of the North Carolina firm will bolster its service offerings and provide clients in the region with comprehensive solutions in life and health insurance as well as employee benefits.
Peter Lobred, a spokesperson for the company, highlighted that this acquisition aligns with their strategic goals to solidify their position as a leader in the industry. "Our growth trajectory has been fueled by our proactive approach to mergers and acquisitions, allowing us to bring valuable resources and expertise to the communities we serve," he stated.
With operations primarily based in Richmond, Virginia, the Hilb Group has made a significant mark nationally, being owned by the prestigious Carlyle Group, a global investment firm. This backing not only underscores its capacity for significant growth but also enhances its credibility as an influential player in the insurance brokerage space.
Analysts have noted that the move into North Carolina is ideal, given the state's dynamic market and growing economy. By tapping into this region, Hilb Group not only seeks to increase its market share but also aims to provide tailored services to suit the specific needs of local businesses and employees. The North Carolina acquisition is expected to attract new clientele while further solidifying its existing relationships in the Southeast region.
In recent years, Hilb Group has received accolades recognizing its rapid growth and strong operational performance. It is not only listed among America’s Fastest Growing Private Companies in the Inc. 5000 but also has earned a reputation for delivering exceptional value through its insurance and advisory services.
As the Hilb Group moves forward, their focus will likely remain on acquiring businesses that complement their existing operations while enhancing their service offerings. Potential future acquisitions may include companies specializing in specific niches or broader market segments within the insurance industry.
For those interested in opportunities within the rapidly growing Hilb Group, career prospects are continuously emerging as the company expands. Current job vacancies can be found on their official website, where potential employees can also access more information regarding the firm’s growth and corporate culture.
In conclusion, with the recent acquisition in North Carolina, the Hilb Group continues its forward momentum, anticipating that this will not only benefit their operational capabilities but also enhance customer service and satisfaction across the board. As they integrate the new business into their framework, focus will be on ensuring a smooth transition for clients and staff alike, furthering their reputation as a trusted partner in life, health, and employee benefits services.
Topics Financial Services & Investing）
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