The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020.
MJIA is a full-service insurance agency focused on the unique needs of the commercial transportation industry in the Maryland and Washington, D.C., metro areas.
MJIA’s associates will continue to operate out of their current office under the management of Agency Leader Bryan Johnson following the acquisition.
THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of global investment firm, The Carlyle Group. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has more than 90 offices in 20 states.
Source: The Hilb Group LLC
Topics Mergers & Acquisitions Maryland
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