The Hilb Group Acquires Massachusetts’ Gould & Naimoli Partners

The Hilb Group LLC (THG) has acquired Massachusetts-based Gould & Naimoli Partners LLC/G&N Insurance (G&N). The transaction became effective November 1, 2019.

G&N is a property and casualty insurance agency primarily providing personal lines insurance to real estate owners in the New England area. Founded in 2010 by agency leaders Zack Gould and Matt Naimoli, G&N will continue to operate out of its Southborough, Mass., location under their leadership following the acquisition.

THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners. It seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has more than 90 offices in 21 states.

Source: The Hilb Group