The Hilb Group Acquires Massachusetts’ Handy-Apple Valley
The Hilb Group LLC (THG) has acquired Massachusetts-based Handy-Apple Valley LLC (HAV). The transaction became effective July 1, 2019.
Located in Worcester, Mass., HAV provides personal and commercial insurance. As a part of the transaction, HAV will join THG’s New England operations in its existing Worcester, Mass., location.
THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has more than 80 offices in 20 states.
Source: The Hilb Group
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