Farmington-based employee benefits agency Andrews Benefits is under new ownership.
In a statement released Tuesday, The Hilb Group, a property, casualty, and employee benefits insurance brokerage firm headquartered in Virginia, announced it acquired Andrews Benefits on Feb. 15.
A purchase price was not disclosed.
As part of the acquisition, co-owners Christine and Peter Andrews and their team will join Hilb’s New England region, Hilb officials said.
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“Through THG, we will be able to collaborate on benefits opportunities and provide more robust service offerings to our clients,” Christine Andrews said.
Hilb is a portfolio company of The Carlyle Group, a multinational private equity firm based in Washington, D.C.
