Hilb Group Acquires South Shore’s Cook & Company
The Hilb Group grows again in Massachusetts. THG announced that Cook & Company has joined its ranks marking the Richmond-based agency’s second agency acquisition in 2022 allowing the agency to further build its employee benefits offerings and presence throughout New England.
“We are pleased to welcome Cook & Company Insurance Services,” Hilb Group CEO Ricky Spiro said. “The team has an established history of delivering innovative, customized solutions to their clients and represents a great addition to our company and strategic vision. I look forward to collaborating for the future.”
Based in Hanover, Cook & Company features decades of experience providing unique health plan consulting solutions and brokerage services to employers throughout the market, including a specialized focus on medical stop-loss and serving municipalities. Agency Principal Sue Shillue, along with her team of insurance professionals will join Hilb Group’s New England regional operations.
“Cook & Company is proud of the reputation for excellent service and results that we have established with our clients,” stated Sue Shillue. “We are excited to join Hilb Group as this partnership will provide us the opportunity to continue our growth while presenting greater product offerings and nationwide resources to our customers.”
THG continues to grow its presence throughout New England
The following is a list of the Massachusetts-based agencies that the Hilb Group has acquired since 2015. Since Agency Checklists only began reporting on M&As and this agency in particular in 2016, the 2015 transaction does not have a link. In addition, prior to this year, we did not cover agency acquisitions outside Massachusetts. As such, those additional acquisitions by THG in New England, prior to 2021, are not reflected below.
The Hilb Group Acquires King & Cushman (2022)Hilb Group Acquires Vermont-Based Paige & Campbell, Inc., Expands Market Presence And Client Offerings (2022)Hilb Group Adds A New Hampshire Agency (2021)Forrest Insurance Agency Acquired by The Hilb Group (2021)Hilb Group Completes Acquisition Of D.F. Dwyer & Associates, LLC (2021)The Hilb Group Adds MillBrook Benefits And Insurance Services To Its Growing List Of Massachusetts Acquisitions (2021)Compass Planners Joins Forces With The Hilb Group (2021)Chatham’s Eldredge & Lumpkin Sold To The Hilb Group (2020)The Hilb Group Acquires Group Brokerage Insurance Agency (2020)The Hilb Group, LLC Acquires LifePlus Insurance Agency, Inc. (2021)Another Massachusetts Insurance Producer Joins The Hilb Group (2019)The Hilb Group Acquires Southborough-based G&N InsuranceThe Hilb Group Adds Massachusetts-based, The Incentive Group To Its Growing Massachusetts Base (2019)The Hilb Group Acquires The Handy-Apple Valley Agency (2019)New England-based 360 Corporate Benefit Advisors Bought By The Hilb Group (2019)The Hilb Group Acquires Massachusetts’ Marsh-Kemp Insurance Agency (2019)The Hilb Group’s December Hat Trick: Three Mass. Agencies Purchased In A Month (2018)The Hilb Group, LLC Adds Mackintire Insurance Agency, Inc. (2018)The Hilb Group Acquires Massachusetts DBR Group (2018)The Hilb Group Acquires BAR Insurance Brokerage of Needham (2018) Massachusetts’ HR Knowledge Acquired By The Hilb Group (2017)Massachusetts’s “Five Star” Agency, Mid-State Insurance, Purchased by THG (2017)The Hilb Group acquires Sapers & Wallacks (2017)The Hilb Group Acquires Hyannis’ Dowling & O’Neil (2016)Hilb Group Announces Acquisitions of Insurance Firms Gencorp and Cornerstone (2015)
A top 30 insurance agency in the United States
Formed in Richmond, Virginia in 2009, the Hilb Group has grown exponentially through targeted acquisitions in the middle market insurance brokerage space. THG now boasts over 90 offices throughout 21 states including Florida, Kentucky, Maryland, Massachusetts, New York, North Carolina, Tennessee, Texas, Virginia, and West Virginia.
In 2015, The Hilb Group became a portfolio company of ABRY Partners, a Boston-based equity fund. In October 2019, The Hilb Group itself was sold to The Carlyle Group in a deal valued at over a billion dollars. For those interested in reading more about this deal, please refer to Agency Checklists’ November 5, 2019 article entitled, “The Hilb Group Is Sold To The Carlyle Group.”
