The Capacity Group of Companies (Capacity) has acquired an ownership stake in Shriver Insurance Agency, headquartered in Elmhurst, Ill. As a result, Shriver has been renamed Shriver-Capacity Insurance Agency LLC (Shriver-Capacity).
Shriver-Capacity, led by Charlie Shriver, specializes in insurance for public transportation companies. Since its founding in 1963, the firm has distributed insurance products to entities involved in a broad range of public transportation, including buses, motorcoaches, limousines and vans.
The Capacity Group of Companies, based in Mahwah, N.J., is a full service specialty insurance and financial services organization with approximately 380 employees in 19 retail and wholesale offices.
Source: The Capacity Group of Companies
Topics Mergers & Acquisitions
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