Holman Acquires Park Wood Managers
February 15, 2023
Holman, a global automotive services and fleet management company headquartered in Mount Laurel, New Jersey, has acquired Park Wood Managers, a Texas-based underwriter and insurance provider for commercial trucking fleets. The acquisition expands Holman's commercial underwriting, program management and alternative risk capabilities — including becoming program manager of the Park Wood Risk Retention Group (to be rebranded Holman Transportation RRG) — to offer liability coverage for medium- to extra heavy-duty commercial vehicles.
- Buyers
- Holman
- Targets
- Park Wood Managers
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Buyout
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