Hilb Group Acquires Sharpline Brokerages of Pennsylvania


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The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic.

Based in King of Prussia, Pennsylvania, Sharpline Insurance Brokerages, through their subsidiaries Madison Risk Group and Trinity Asset Protection, specialize in property/casualty offerings with a focus on construction and health and human services, as well as workers’ compensation.

Sharpline principal Ron Ebert and his team will join the Hilb Group’s Mid-Atlantic regional operations.

The transaction became effective November 1, 2022. Terms were not disclosed.

The Hilb Group, headquartered in Richmond, Virginia, is a portfolio company of The Carlyle Group. The company has completed more than 145 acquisitions with over 100 offices in 22 states.

Topics
Mergers & Acquisitions
Agencies
Pennsylvania

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