CBIZ Acquires Prince-Wood Insurance
July 8, 2020
CBIZ, Inc. acquired substantially all of the assets of Prince-Wood Insurance, L.L.C. (PWI) of Woodbridge, Virginia, effective July 1, 2020. The acquisition expands CBIZ's property and casualty insurance capabilities and client footprint in Northern and Central Virginia, Maryland and Washington, DC; PWI had seven employees and approximately $1.2 million in annual revenue.
- Buyers
- CBIZ, Inc.
- Targets
- Prince-Wood Insurance, L.L.C.
- Sellers
- Prince-Wood Insurance, L.L.C.
- Industry
- Insurance
- Location
- Virginia, United States
- Transaction Type
- Buyout
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