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New Deal


Announced

Completed

The Hilb Group acquired Tennessee-based Mackie Financial Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

insurance products

Acquisition

United States

employee benefits

Full Line Insurance

Completed

Friendly

Single Bidder

Synopsis

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The Hilb Group, a leading middle market insurance agency, acquired Tennessee-based Mackie Financial Group, a full-service agency primarily providing insurance for employee benefits. Financial terms were not disclosed. "MFG will be a valuable asset to THG's Abingdon-based business as it grows throughout the region," said Ricky Spiro, The Hilb Group CEO. "We are excited to welcome them to our team."

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