Hilb Group Acquires Sharpline Brokerages of Pennsylvania
The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic.
Based in King of Prussia, Pennsylvania, Sharpline Insurance Brokerages, through their subsidiaries Madison Risk Group and Trinity Asset Protection, specialize in property/casualty offerings with a focus on construction and health and human services, as well as workers’ compensation.
Sharpline principal Ron Ebert and his team will join the Hilb Group’s Mid-Atlantic regional operations.
The transaction became effective November 1, 2022. Terms were not disclosed.
The Hilb Group, headquartered in Richmond, Virginia, is a portfolio company of The Carlyle Group. The company has completed more than 145 acquisitions with over 100 offices in 22 states.