King Insurance Acquires Professional Insurance Services, Inc.
April 7, 2022
King Insurance, a Gainesville-based full-service insurance brokerage, has acquired Professional Insurance Services, Inc., a one-office insurance agency in Cape Coral, Florida. The deal expands King Insurance's footprint into Southwest Florida (Ft. Myers–Naples corridor); founder Gary Baker will oversee a transition period before retiring.
- Buyers
- King Insurance
- Targets
- Professional Insurance Services, Inc.
- Sellers
- Gary Baker
- Industry
- Insurance
- Location
- Florida, United States
- Transaction Type
- Buyout
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