May 2019

The Hilb Group acquires ESOP-owned Walker Brothers Insurance Inc.

May 2nd, 2019 Springdale-basedĀ Walker Brothers Insurance Inc.Ā has been acquired byĀ The Hilb Group LLCĀ (THG). Walker Brothers was previously owned by Mike Luttrell (President) and other employees of the company through an employee stock ownership plan (ESOP).Ā THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm,…