The Hilb Group L.L.C. said on Tuesday that it has acquired Keene, New Hampshire-based Clark-Mortenson Insurance.
The terms of the transaction were not disclosed.
Clark-Mortenson Insurance is an independently owned insurance and financial services agency that specializes in hospitality, elder care, residential health facilities and technology, The Hilb Group said in a statement.
Tom Minkler, Clark-Mortenson Insurance president, will continue to lead the company’s 48 employees under its existing name, according to the statement.
“Adding Clark-Mortenson expands and strengthens our presence in New England,” Richmond, Virginia-based Bob Hilb, president and CEO of The Hilb Group said in a statement. “Their commitment to their clients and community is one that strongly resonates with THG. We look forward to the opportunities that lie ahead with another strong New England-based agency joining our team.”
(Reuters) — Private equity firm Carlyle Group L.P. is in advanced talks to acquire the health care information technology division of U.S. data analytics company Verisk Analytics Inc., according to people familiar with the matter.