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
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