Hilb Group snaps up German American bank’s insurance agency for $40mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Hilb Group snaps up German American bank’s insurance agency for $40mn

The deal represents 4x of the broker's 2023 revenues and 24x of its after-tax earnings.

By Jairo Ibarra
June 03, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
midwest road, indiana, ohio, regionals

Carlyle-backed platform Hilb Group has sealed a deal to purchase the insurance brokerage subsidiary of German American Bancorp for $40mn.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Brokers
Gift this article