GTCR announced its second bolt-on acquisition for insurance agency portfolio company AssuredPartners Inc.

The Chicago private equity firm purchased Arison Insurance Services Inc. for an undisclosed price. GTCR facilitated the deal through Lake Mary, Fla.-based AssuredPartners and its subsidiary, Neace Lukens.

GTCR acquired Neace Lukens for an undisclosed price in September.

Neace Lukens and Arison are both based in Louisville, Ken.