Relation Insurance Services Acquires Parks Insurance Group

March 17, 2021

Relation Insurance Services, a PE-backed national insurance brokerage, has acquired the assets of Parks Insurance Group, a North Carolina-based insurance agency. Parks will join Relation's Main Street/small commercial platform, Relation Select, with Ron Parks continuing to lead the business; terms were not disclosed.

Buyers
Relation Insurance Services, Inc.
Targets
Parks Insurance Group
Sellers
Parks Insurance Group
Platforms
Relation Select
Industry
Insurance
Location
North Carolina, United States
Transaction Type
Addon

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