Hilb Group LLC (THG) has acquired Michigan-based Burns & Eustice Insurance Agency (B&E).
B&E has been offering property/casualty insurance products and services to businesses and individuals throughout northern Michigan since 1931. Led by Managing Director Tony Eustice, B&E’s associates will continue to operate out of their two existing locations in Cheboygan and Onaway.
The Hilb Group is a 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. The company now has 62 offices in 17 states.
Source: The Hilb Group
Topics Mergers & Acquisitions Michigan
Was this article valuable?
Here are more articles you may enjoy.
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
