The Hilb Group Acquires Plan Benefit Services of South Carolina

The Hilb Group, LLC has acquired South Carolina-based Plan Benefit Services, Inc. (PBSI). The transaction became effective on Dec. 1, 2020.

Plan Benefit Services, Inc. is an employee benefits consulting, management and brokerage firm independently owned and operated since 1986. As a part of the transaction, Branford Armstrong and the PBSI associates will join THG’s Southeast operations and continue to work out of their existing location in West Columbia, S.C.

The Hilb Group is a property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Va. THG is a portfolio company of The Carlyle Group, a global investment firm. The company has over 100 offices in 20 states.

Topics Mergers & Acquisitions South Carolina