Higginbotham Adds Another with Acquisition of Holman in Georgia
Higginbotham, an independent insurance and human resources firm, has kept up its pace of steady growth with the recent acquisition of Georgia-based Holman and Co., a broker of commercial and personal lines property and casualty insurance and benefits.
Employee-owned Higginbotham, now ranked as the 21st largest independent broker in the United States, said the deal gives it a third office in Georgia. Holman and Co., founded in 1983, is based in Alpharetta. It is led by Bill Holman with his brothers Alan Holman and Bob Holman, who purchased the agency from their father, Penn Holman, in 2021.
Higginbotham said it named Bill Holman a managing director, and he will continue overseeing Holman’s existing team, along with his brothers. The brokerage serves mid-sized companies and specializes in finding coverage for the forest products, real estate, food and beverage, manufacturing, distribution and wholesale and construction sectors, the companies said in a news release.