The Hilb Group LLC (THG) has acquired Massachusetts-based H.J. Knight International Insurance Agency Inc. (HJK). The transaction became effective December 1, 2018.
HJK is a full-service brokerage in the commercial insurance and risk management industry. Founded in 1987, the company specializes in alternative risk management for commercial clients throughout the U.S. Managing Director Matt Lanza and his team will continue to operate out of HJK’s Braintree, Mass., location following the acquisition.
THG is a mid-market insurance agent based in Richmond, Va., And is a portfolio company of the Boston-based private equity firm Abry Partners. The medium market aims to grow with targeted acquisitions in the insurance brokerage area. The company currently has 67 offices in 17 states.
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