About Hilb Group
Hilb Group is a company based in Richmond (United States) founded in 2009 was acquired by The Carlyle Group in October 2019. Hilb Group has raised $19.77 million across 8 funding rounds from investors including The Carlyle Group, Abry Partners and NewStar Financial. The company has 102 employees. Hilb Group has completed 95 acquisitions, including Abatelli Group, Aloisio Insurance Associates and American Truck Insurance.
- Headquarter Richmond, United States
- Employees 102
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website hilbgroup.com
- Social LinkedIn X Facebook
- Acquired by The Carlyle Group (Oct 2019)
- Total Equity Funding$19.77M (USD)
in 8 rounds
- Latest Funding Round$3.5M (USD), Series A
Dec 2018
- InvestorsThe Carlyle Group
& 3 more
- Employee Count102
- Investments & AcquisitionsAbatelli Group
& 94 more
- Acquired by
Funding Insights of Hilb Group
Hilb Group has successfully raised a total of $19.77M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19.77M
- Total Rounds 8
- Last Round Series A — $3.5M
- Investors Count 2
All 8 funding rounds of Hilb Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $3.5M | Series A | – | – | – |
| Oct 2018 | $2.1M | Series A | – | – | – |
| Dec 2017 | $1.26M | Series A | – | – | – |
| Nov 2017 | $7.46M | Series A | – | – | – |
| Oct 2017 | $3.4M | Series A | – | – | – |
| Sep 2017 | $2.05M | Seed | – | – | – |
| Jun 2016 | $132.6M | Debt – Conventional | – | – | |
| Jun 2011 | – | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Hilb Group
Hilb Group has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Abry Partners and NewStar Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private investment firm based in Westport, CT. | 2010 | bhmsinvestments.com | Westport, United States | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | - | |
Abry Partners is engaged in middle market private equity investments. | 1989 | abry.com | Boston, United States | |
Financial services are provided by NewStar Financial in Boston. | 2004 | newstarfin.com | Boston, United States |
Investor details for Hilb Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Hilb Group
64 people are tracked at Hilb Group (15 in leadership, 26 in board & advisors, 23 in team); the tracked headcount is 102.
| Name | Role | Group |
|---|---|---|
Richard G. Spiro | CEO | Leadership |
Anne Nicoll | Director of Operational Risk Management | Leadership |
Joseph Padula | Managing Director, P&C | Leadership |
Richard Padula | Managing Director, P&C | Leadership |
Jason S. Angus | COO | Leadership |
Bert Hardy | Chief Information Officer | Leadership |
Edward Melton | Vice President Data Management | IT Solutions | Leadership |
Bruce Kesner | Vice President, P&c Sales & Service Operations, Moorefield/leesburg | Leadership |
Peter Lyons | Mid-atlantic - Director Of Market Placement | Leadership |
David White | Vice President, Project And Portfolio Management | Leadership |
Aida Sukys | Chief Financial Officer | Leadership |
Cary Goss | Managing Director | Leadership |
Flora Wang | VP Of Analytics, Mid Atlantic | Leadership |
Liam Duffy | Vp, M&a | Leadership |
Mike Bell | Director Of Business Development | Producer ~ P&c | Campisano - HILB Group | Leadership |
Chad Bjorklund | Advisor | Board & advisors |
Robert J. Nagel | Advisor | Board & advisors |
Sandra Smith | Advisor | Board & advisors |
Peter Tarmey | Advisor | Board & advisors |
G. Charles Hand | Advisor | Board & advisors |
44 more people are available in the full profile.
Complete people profiles for Hilb Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Hilb Group
Hilb Group has strategically engaged in corporate development activities, having acquired 95 companies. Notable acquisitions include Abatelli Group, Aloisio Insurance Associates and American Truck Insurance.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Business technology, strategy, and enrollment services are provided. | nationalenrollmentpartners.com | Mount Juliet, United States | 2018 | Feb 2023 | •••• | |
Independent insurance agency and risk management services are provided. | egflorida.com | Saint Lucie, United States | 2000 | Jan 2023 | •••• | |
Surety bonds and commercial insurance services are provided. | oakridgesurety.com | West Chester, United States | 2013 | Dec 2022 | •••• | |
Insurance brokerage services are provided to commercial and personal clients. | oceanpointins.com | Barrington, United States | 1863 | Dec 2022 | •••• | |
Provider of insurance agency for life, home, auto, and business sectors | gillmanins.com | Alpharetta, United States | 1993 | Dec 2022 | •••• | |
Health insurance for individuals and business services are provided online. | thevisteam.com | Towson, United States | 1991 | Nov 2022 | •••• | |
Insurance brokerage, consultation, and risk management services are provided. | sharplineinsurancebrokerages.tcc.mode | King Of Prussia, United States | 0 | Nov 2022 | •••• | |
Provider of health insurance services | cookandcompany.com | Hanover, United States | 1981 | Sep 2022 | •••• | |
Distributor of car, property & liability & contractor insurance | abatelli-insurance.com | Whitestone, United States | 1904 | Sep 2022 | •••• | |
Business and personal insurance services are provided to clients. | lighthouseins.net | Boston, United States | 2002 | Aug 2022 | •••• |
Complete acquisition details for Hilb Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Hilb Group
15 dated milestones of Hilb Group across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Hilb Group is founded.
- Funding First funding round.
- Exit Acquired by Abry.
- Funding Latest funding round, Series A, of $3.5M.
- Exit Acquired by The Carlyle Group.
- Acquisition Acquires Lighthouse Insurance.
- Acquisition Acquires Cook & Company.
- Acquisition Acquires Abatelli Group.
- Acquisition Acquires Sharpline Insurance Brokerages.
- Acquisition Acquires Vinton Insurance Services.
- Acquisition Acquires Gillman Insurance Problem Solvers.
- Acquisition Acquires OceanPoint Insurance.
- Acquisition Acquires Oak Ridge Surety Agency.
- Acquisition Acquires E/G Of Florida Insurance And Risk Management.
- Acquisition Acquires National Enrollment Partners.
Web traffic of Hilb Group
The website of Hilb Group (hilbgroup.com) receives about 17.1K visits a month and ranks #1,821,210 among all websites worldwide, #6,084 in Insurance.
- Monthly visits17.1K
▲ 35.3% vs previous month
- Unique visitors5.3K
per month
- Global rank#1,821,210
among all websites
- Category rank#6,084
Finance · Insurance
- Bounce rate62%
- Pages per visit2.0
- Average visit49 sec
- DevicesDesktop 74% · Mobile 26%
Websites whose visitors overlap most with Hilb Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| starrcompanies.com | 100% | 12.4K | #1,165,971 | View details | |
iabgroup.com | iabgroup.com | 91% | – | – | – |
rahngroup.com | rahngroup.com | 57% | – | – | – |
| google.com | 27% | 85.8B | #1 | View details |
Similar companies to Hilb Group
10 companies that operate in the same segment as Hilb Group (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Frequently Asked Questions about Hilb Group
Hilb Group was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Hilb Group is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Hilb Group is a funded company, having raised a total of $19.77M across 8 funding rounds to date.
Hilb Group has 102 employees.
Hilb Group was founded in 2009 and is headquartered in Richmond, United States. Insurance brokerage services are offered in personal, commercial, and specialty lines. Operations are centered on client needs within the insurance sector, with coverage extended across various risks. The companys domain, hilbgroup.com, supports its service delivery. Focus remains on standard insurance provisions without specified expansions into adjacent financial areas.
Hilb Group has made 95 acquisitions, including Abatelli Group, Aloisio Insurance Associates, and American Truck Insurance.
Hilb Group has 4 investors. Key investors include The Carlyle Group, Abry Partners, NewStar Financial, and BHMS Investments.
Yes. Hilb Group was acquired by The Carlyle Group in October 2019.