The private equity investment firm Abry Partners has assumed the role of the Hilb Group LLC’s private equity partner by supplying a “significant investment” to aid in the company’s expansion, according to a press release from Hilb.
The Hilb Group’s current private equity partner, BHMS Investments LP, will completely exit the business as part of the conditions of the transaction, according to the release.
Since 2010, the Hilb Group, which offers workers’ compensation and other lines of insurance, has attempted to expand nationally by acquiring ...
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