Hilb Group

Richmond, United States Founded: 2009 • Age: 17 yrs Acquired By The Carlyle Group
Personal, commercial, and specialty insurance services are provided.
Annual revenue - Latest available
Total funding $19.8M 8 rounds
Employees 102 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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 as of December 31, 2014. Hilb Group has completed 95 acquisitions, including Abatelli Group, Aloisio Insurance Associates and American Truck Insurance.

  • Headquarter Richmond, United States
  • Employees 102 as on 31 Dec, 2014
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.77 M (USD)

    in 8 rounds

  • Latest Funding Round
    $3.5 M (USD), Series A

    Dec 13, 2018

  • Investors
  • Employee Count
    102

    as on Dec 31, 2014

  • Investments & Acquisitions
  • Acquired by
    The Carlyle Group

    & 1 more

    (Oct 30, 2019)

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People of Hilb Group

Headcount 1000-5000
Employee Profiles 38
Board Members and Advisors 26
Employee Profiles
People
Tatiana Belenky
Data Conversion Analyst
People
Richard G. Spiro
CEO
People
Anne Nicoll
Director of Operational Risk Management
People
Joseph Padula
Managing Director, P&C

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Board Members and Advisors
people
Chad Bjorklund
Advisor
people
Robert J. Nagel
Advisor
people
Sandra Smith
Advisor
people
Peter Tarmey
Advisor

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A private investment firm based in Westport, CT.
Locked Locked Locked
Private equity investments are directed toward multiple sectors.
Locked Locked Locked
Abry Partners is engaged in middle market private equity investments.
Locked Locked Locked
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Investor details for Hilb Group

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  • Investor domains
  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Hilb Group

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Life, Medicare, annuities, and employee benefit insurance services are provided.
Locked Locked 2019 Locked
Business technology, strategy, and enrollment services are provided.
Locked Locked 2018 Locked
Provider of insurance brokerage services
Locked Locked 2017 Locked
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Complete acquisition details for Hilb Group

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Hilb Group

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Detailed financials for Hilb Group

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  • Profit trends
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Hilb Group Comparisons

Hilb Group Primary company
Description
Personal, commercial, and specialty insurance services are p...
Location
Richmond, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
102
As of 2014
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Peer comparison for Hilb Group

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Competitors of Hilb Group

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Detailed competitors of Hilb Group

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Latest news on Hilb Group

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Complete news archive for Hilb Group

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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.

As of Dec 31, 2014, the latest employee count at Hilb Group is 102.

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.

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