PSA Insurance & Financial Services in Hunt Valley, Md., acquired Councill, a Towson, Md.-based firm offering insurance products, third-party administration and risk management services for nursing homes, assisted living and independent living facilities. The terms of the transactions were not disclosed.
Under the transaction, Councill’s president, Nancy Councill, and two of her associates will work from PSA’s Hunt Valley, Md., headquarters, while six others will work remotely from cities across the country.
PSA offers services in risk management, employee benefits, fiduciary consulting for employer sponsored retirement plans and wealth management.
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
Longtime Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain 
AIG’s Zaffino to Step Down as CEO as Aon’s Andersen Steps In 
2 New Jersey Pilots Killed in Helicopter Collision Frequented Nearby Cafe Together 
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
