The McGowan Companies Acquires Assets of Parks Plus Underwriting Agency, LLC and Intersure Insurance Brokers Corp.
December 31, 2023
The McGowan Companies acquired certain assets of Parks Plus Underwriting Agency, LLC and Intersure Insurance Brokers Corp., effective December 31, 2023, under an asset purchase agreement. The acquisition brings a national program manager specializing in complex Property and Inland Marine risks for the amusement and entertainment industry into McGowan’s portfolio while retaining Parks Plus/Intersure staff under existing leadership.
- Buyers
- The McGowan Companies, McGowan Consolidated Insurance Holdings Group, Inc.
- Targets
- Parks Plus Underwriting Agency, LLC, Intersure Insurance Brokers Corp.
- Sellers
- Parks Plus Underwriting Agency, LLC, Intersure Insurance Brokers Corp.
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Divestiture
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