Hilb Group Acquires Pennsylvania-Based Oak Ridge Surety Agency, Expands Mid-Atlantic Market Presence
Acquiring Company
North Carolina-Based Life Health and Employee Benefits Business
Acquired Company
Oak Ridge Surety Agency
Description
The Hilb Group announced today that it has acquired Pennsylvania-based Oak Ridge Surety Agency, further expanding the company's growing presence in the Mid-Atlantic region and building on its surety specialty and expertise. The acquisition took effect December 30, 2022. The business will join with Wayne, Pennsylvania-based Wharton Surety Consultants, a Hilb Group agency.
Quick answer
North Carolina-Based Life Health and Employee Benefits Business is acquiring Oak Ridge Surety Agency, announced January 11, 2023. North Carolina-Based Life Health and Employee Benefits Business is based in United States.
- How much did North Carolina-Based Life Health and Employee Benefits Business pay for Oak Ridge Surety Agency?
- The deal value was not disclosed.
- Where are North Carolina-Based Life Health and Employee Benefits Business and Oak Ridge Surety Agency based?
- North Carolina-Based Life Health and Employee Benefits Business is based in United States.
- Who are the decision-makers at North Carolina-Based Life Health and Employee Benefits Business?
- Fundz holds 1 contact at North Carolina-Based Life Health and Employee Benefits Business. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Human Resources and Employee Benefits
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Empyrean Acquires Employee Communications And Engagement Platform And Launches +You, A Holistic Solution That Improves Employee Productivity, Wellbeing, And Retention (February 20, 2023)
- Voya Financial Completes Acquisition Of Benefitfocus (January 24, 2023)
- Hilb Group Acquires Agency In Southeast Region, Grows Commercial Property And Casualty Presence (December 28, 2022)
- Hilb Group Acquires Rhode Island-Based Oceanpoint Insurance, Expands New England Market Presence (December 26, 2022)
- Hilb Group Acquires Pennsylvania-Based Sharpline Insurance Brokerages, Adds To Property & Casualty Market Presence (November 29, 2022)
- Assuredpartners Announces Acquisition Of J. Ryan Bonding, Inc. (February 16, 2023)
Who to call at North Carolina-Based Life Health and Employee Benefits Business, and when
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Frequently asked
Who acquired Oak Ridge Surety Agency?
Oak Ridge Surety Agency was acquired by North Carolina-Based Life Health and Employee Benefits Business, based in United States. The deal was reported on January 11, 2023. North Carolina-Based Life Health and Employee Benefits Business is privately held and operates in Human Resources.
When did North Carolina-Based Life Health and Employee Benefits Business acquire Oak Ridge Surety Agency?
North Carolina-Based Life Health and Employee Benefits Business's acquisition of Oak Ridge Surety Agency was reported on January 11, 2023. The Hilb Group announced today that it has acquired Pennsylvania-based Oak Ridge Surety Agency, further expanding the company's growing presence in the Mid-Atlantic region and building on its surety specialty and expertise. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Oak Ridge Surety Agency do?
We provide surety bond services and commercial insurance. We help our clients obtain obtain the most competitive surety bonds available. It is privately held.
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