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