The Hilb Group has acquired King and Cushman Agency, an insurance agency based in Northampton, Massachusetts, for an undisclosed price. The deal is said to further grow the footprint of Hilb Group across New England. Ricky Spiro — Hilb Group CEO said: “We are pleased to welcome King and Cushman to the Hilb Group. “With […]
The Gorman-Rupp Company, a US-based provider of pumps and pump systems, has agreed to acquire the assets of Fill-Rite and Sotera, a business unit of the Tuthill Corporation, for $525 million. After taking into account, expected tax benefits of around $80 million, the net transaction value is around $445 million. Fill-Rite and Sotera is a […]
