The McGowan Companies Acquires Assets of Protexure Insurance Agency, Inc.
November 1, 2023
The McGowan Companies acquired certain assets of Protexure Insurance Agency, Inc., a national program manager specializing in professional liability insurance for lawyers and accountants, in an asset purchase effective November 1, 2023. Protexure's staff will remain in place under leader Kyle Nieman as McGowan adds Protexure's products and capabilities to support its national growth strategy.
- Buyers
- The McGowan Companies (McGowan Consolidated Insurance Holdings Group, Inc.)
- Targets
- Protexure Insurance Agency, Inc.
- Sellers
- Protexure Insurance Agency, Inc.
- Industry
- Financial Services
- Location
- Illinois, United States
- Transaction Type
- Divestiture
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