Hilb Rogal & Hobbs Company has acquired the Welch Company, an employee benefits firm in Houston.
Terms of the deal were not released.
The Welch Company provides employee benefits consulting for middle market clients in Texas. It reported 2005 revenues of approximately $900,000.
The Welch Company's owner, Neal Welch, and his support staff will join HRH's Houston branch under the leadership of its president, Jerry L. Sims, the Richmond, Va.-based insurance broker said.
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