BRP Group to acquire The Capital Group.

BRP Group, an independent insurance distribution firm, agreed to acquire The Capital Group, a provider of employee benefits consulting, retirement consulting, wealth management and commercial lines insurance brokerage services. Financial terms were not disclosed. “The Capital Group significantly boosts our employee benefits, wealth advisory and retirement plan consulting capabilities, and we believe a tremendous opportunity exists to combine forces with our partners at AHT to provide a holistic suite of risk management solutions to the D.C. Metro market. The Capital Group’s team of professionals, coupled with their relentless focus on clients and results has enabled their strong growth and makes them a clear fit with BRP Group,” John Valentine, BRP Group Chief Partnership Officer.