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Add-on Acquisition • Insurance

The McGowan Companies Acquires Westcap Insurance Services

On December 23, 2025, The McGowan Companies acquired insurance company Westcap Insurance Services

Acquisition Context
  • This is The McGowan Companies’ 16th transaction in the Insurance sector.
  • This is The McGowan Companies’ 17th transaction in the United States.
  • This is The McGowan Companies’ 2nd transaction in California.

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M&A Deal Summary
Date December 23, 2025
Target Westcap Insurance Services
Sector Insurance
Buyer(s) The McGowan Companies
Deal Type Add-on Acquisition

Target Company

Westcap Insurance Services

Sacramento, California, United States
Westcap Insurance Services is an insurance brokerage firm that provides commercial and personal insurance solutions. Westcap Insurance Services offers services including risk assessment, policy placement, claims support, and coverage advisory across lines such as property, casualty, liability, and specialty insurance for businesses and individuals. Westcap Insurance Services serves clients seeking tailored insurance programs and consultative risk management support. Westcap Insurance Services is headquartered in Sacramento, California.
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Buyer Overview 1

Buyer

The McGowan Companies

Fairview Park, Ohio, United States
Category Company
Sector Insurance
DESCRIPTION

The McGowan Companies through its subsidiaries, designs, administers and markets insurance programs.

Deal Context for Buyer #
Overall 17 of 17
Sector: Insurance 16 of 16
Type: Add-on Acquisition 16 of 16
State: California 2 of 2
Country: United States 17 of 17
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-24 Limit

Covina, California, United States

Limit is an Artificial Intelligence (AI)-enabled, digital, wholesale insurance brokerage, via an asset purchase agreement. Limit has two divisions: Limit Wholesale and Limit AI. Limit Wholesale is an AI-enabled, digital, wholesale insurance brokerage that specializes in Cyber Liability and Technology E&O. Limit was formed in 2020 and is headquartered in Covina, California.

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