Hilb Group expands into Pennsylvania
The Hilb Group LLC, a middle-market insurance brokerage based in Richmond, has expanded into Pennsylvania.
On July 1, the company acquired the Greenwald Berk Agency LLC (GBA), which is based in Kingston, Pennsylvania.
Financial details of the acquisition were not disclosed.
The Hilb Group now has more than 80 offices in 20 states.
GBA offers a range of business insurance, personal insurance and life/health products and services.
Bob Greenwald, the agency’s leader, will continue to lead its operations from the Kingston location.
“This deal allows GBA to maintain its reputation as a premier agency in the area by expanding the resources available to our clients and associates,” Greenwald said in a statement.
The Hilb Group is a portfolio company of Abry Partners, a Boston-based private equity firm.