Bailey

22
Oct

Analysis: Broker sector M&A activity rebounds in Q3

Also noteworthy is the rise of PCF Insurance as an active buyer as it recorded 22 acquisitions to date in 2020, compared with four in the same period in 2019.

11
Sep

HGGC Adds Nine, Promotes Four Amid COVID-19 Pandemic

“As we continue to grow our portfolio and build value in our companies, we’re very excited that we have been able to continue to recruit and retain some of the industry’s best talent,” said Rich Lawson, Chairman, CEO and Co-Founder of HGGC. “These promotions and additions come only five months after a similar growth announcement, and we see no slowdown

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31
Jul

First Fidelity Brokerage of N.Y., Moulton Insurance of Mass., Acquired by PCF

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired two brokerages based in the Eastern U.S.   The brokerages that have joined PCF include:  First Fidelity Brokerage, a New York City-based full-service property & casualty insurance broker with a core focus on the education, construction, finance and real estate sectors  Moulton Insurance, a Western Massachusetts-based broker offering auto, home

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31
Jul

Insurance Broker PCF Acquires Avidity Insurance in Kansas

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Avidity Insurance, an Overland Park, Kansas-based independent insurance agency founded in 2013 by Will Wilson.   Avidity offers home, auto, business, life and specialty insurance products and services.  Founded in 1987, PCF is a full-service insurance brokerage firm which provides complete risk management solutions with a broad array of property/casualty,

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30
Jul

PCF Insurance Services Acquires Horizon Insurance of Florida

PCF Insurance Services (PCF), headquartered in Woodland Hills, Calif., has acquired Horizon Insurance, a Bradenton, Fla.-based provider of personal, commercial and financial services insurance.  Horizon Insurance is an independent agent started in February 2004 when Lori P. Augustyniak purchased the Gehrich Agency.  The acquisition was one of four completed by PCF in the last three months, in addition to the nine it

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22
Jul

PCF Insurance bucks trend with four pandemic acquisitions

PCF Insurance, a commercial insurance brokerage backed by middle market private equity firm HGGC, has officially bucked the pandemic-related broker M&A slump, sealing four deals since April 01.  PCF been on the acquisition train for many months. The four regional deals announced today – the first set made since HGGC invested in the business in April – add to the nine

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22
Jul

HGGC Portfolio Company PCF Insurance Completes Four Acquisitions in Three Months Following Investment

HGGC, a leading middle market private equity firm, today announced that it successfully assisted portfolio company PCF Insurance (“PCF”) in the acquisition of four regional brokerages since HGGC invested in the business in April.  The four acquisitions, in addition to the nine completed since January 1, will diversify PCF’s product expertise, add great talent to the organization and expand its

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22
Jul

Peter C. Foy & Associates Acquires Four Brokerages

Peter C. Foy & Associates Insurance Services has acquired four brokerages in the last three months, the company announced Wednesday: First Fidelity Brokerage in New York City; Horizon Insurance in Bradendon, Fla.; Moulton Insurance in Western Massachusetts; and Avidity Insurance in Kansas.  Foy & Associates has been buying small, independent brokerages at a breakneck clip as of late – including the four

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1
Jul

BHMS Invests in Inszone Insurance Services

BHMS previously served as the first institutional investor in two similar insurance brokerage aggregation strategies:  The Hilb Group (“THG”) from 2011 – 2015 and PCF Insurance Services (“PCF”) from 2017 – early-2020.  Over the four-year span of BHMS’ investment, THG completed seventeen acquisitions across nine states, growing the company to $50 million in revenue and establishing the foundation for the

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15
May

Private equity firm HGGC opens up on PCF Insurance acquisition

Private equity firm HGGC opens up on PCF Insurance acquisition.   HGGC, a middle market private equity firm, recently completed its acquisition of PCF Insurance, a full-service insurance brokerage based in Woodland Hills, California.  Founded in 1987, PCF is a growing retail insurance brokerage with a diverse offering of commercial lines, personal lines, and employee benefits products.  “We believe the key to success

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