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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