Holman Acquires Park Wood Managers

February 15, 2023

Holman, a global automotive services and fleet management company headquartered in Mount Laurel, New Jersey, has acquired Park Wood Managers, a Texas-based underwriter and insurance provider for commercial trucking fleets. The acquisition expands Holman's commercial underwriting, program management and alternative risk capabilities — including becoming program manager of the Park Wood Risk Retention Group (to be rebranded Holman Transportation RRG) — to offer liability coverage for medium- to extra heavy-duty commercial vehicles.

Buyers
Holman
Targets
Park Wood Managers
Industry
Insurance
Location
Texas, United States
Transaction Type
Buyout

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