The Hilb Group Expands New England Presence with Maine Acquisition
The Hilb Group has acquired a Maine-based property and casualty agency effective April 1, 2025. While the financial terms of the deal remain undisclosed, this acquisition marks the company’s continued expansion into the New England region. The addition of Maine to The Hilb Group’s portfolio follows recent acquisitions in New Hampshire and Texas, demonstrating the company’s aggressive growth strategy in the property and casualty insurance sector.
This latest acquisition is part of The Hilb Group’s broader growth plan, which has seen significant activity in recent months. In November 2024, the company acquired a Louisiana-based property and casualty business. This deal came shortly after The Hilb Group completed a debt refinancing that increased its available debt capacity by over $500 million. The refinancing included expanding the company’s revolving credit and delayed draw term loan facilities to support future acquisitions.
The Hilb Group, founded in 2009 and based in Richmond, Virginia, operates as a privately held insurance brokerage firm. The company provides property and casualty insurance, employee benefits, and retirement services to both businesses and individuals across the United States. With over 2,200 employees and more than 125 offices nationwide, The Hilb Group continues to strengthen its presence through strategic acquisitions.
The company’s growth strategy focuses on acquiring high-quality insurance agencies that maintain strong leadership and operational independence. By providing resources, capital, and expertise to its acquisitions, The Hilb Group drives further expansion and enhances its service offerings.
