Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions. No financial details about the transaction were disclosed. Based in Arizona, GBP Risk Solutions provides a wide array of insurance services. The insurance agency offers personal and commercial insurance products, group employee benefits, life and health insurance for individuals, retirement plans and workers compensation insurance.

GBP Risk Solutions President Rick Gregson said the partnership with AssuredPartners would enable them to give new insurance services and innovative business solutions to their policy holders. "Our clients will continue to receive the high level of service they have come to know and trust, while our agents will have access to many valuable AssuredPartners resources and support services," he added.

AssuredPartners President and Chief Operating Officer Tom Riley welcomed the insurance firm to their team. "GBP Risk Solutions is well known in the Tucson-area for their dedication to their clients, and their deep knowledge of a wide range of insurance products," he said. AssuredPartners is a portfolio company of GTCR (formerly known as Golder, Thoma, Cressey, Rauner, Inc.), a private equity firm based in Chicago.