NSM Insurance Group Acquires Shield Commercial Insurance Services
July 10, 2023
NSM Insurance Group has acquired Shield Commercial Insurance Services, a Palm Desert-based underwriting business specializing in insurance for small and mid-sized contractors. The acquisition expands NSM’s portfolio of specialty insurance programs and aims to accelerate Shield’s growth through NSM’s national agent distribution and expanded geographic footprint.
- Buyers
- NSM Insurance Group
- Targets
- Shield Commercial Insurance Services
- Industry
- Insurance
- Location
- California, United States
- Transaction Type
- Buyout
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