The Hilb Group Acquires Bruce Crohn, LLC
Overview of Transaction
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Bruce Crohn, LLC is a full-service employee benefits consultant and insurance brokerage firm located in Cambridge, MA.
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Founded in 2009, Bruce Crohn provides customized solutions and assists in managing the group benefits programs for small to medium sized companies.
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Bruce Crohn agreed to be acquired by The Hilb Group, a top 30 insurance agency.
Significance of Transaction
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The Bruce Crohn acquisition expands Hilb’s New England presence and strengthens their benefits capabilities.
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Bruce Crohn’s leadership team will remain with Hilb Group as they continue to maintain close relationships with insurers to better serve their large client base.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Bruce Crohn.
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Bruce Crohn engaged Sica | Fletcher to explore multiple strategic options for the firm.
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The Bruce Crohn transaction builds on Sica | Fletcher's track record of success across the Employee Benefits space.
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This transaction further highlights our strong relationships with top-tier investors, having previously worked with The Hilb Group on numerous deals.