Woodland Hills, Calif.-based Peter C. Foy & Associates Insurance Services LLC has completed the acquisition of four agencies, three in California and one in Nevada.
The acquisitions are R.L. Milsner Inc. Insurance Brokerage, Senex Insurance Services Inc., Stratton Agency, and Clark & Associates of Nevada Inc.
R.L. Milsner offers personal and business insurance, as well as life and health. Senex Insurance Services offers a variety of insurance services, including retirement plans. Stratton Agency offers insurance services, HR consulting, benefits and other specialties. Clark & Associates offers property/casualty, benefits and life and health.
The firm also announced it has completed a recapitalization and financing with Madison Capital Funding, LLC. PCF last year partnered with BHMS Investments LP to accelerate the firm’s growth through a series of retail agency acquisitions.
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