know about this PCF Insurance Services acquires California-based John E. Peakes Insurance Agency, Inc.
in complete details.
LEHI, Utah, August 18, 2022 /PRNewswire/ — PCF Insurance services (PCF), a top 20 insurance brokerage firm in the US, today announced the acquisition of John me. spikes Insurance Agency, Inc., a family-owned, full-service personal lines agency based in fortuneCalifornia.
The partnership allows PCF Insurance to expand its portfolio into niche markets in high-growth small business industries, including gyms and fitness, restaurants, and apartment buildings.
Marshberry advised John E. Peakes Insurance Agency, Inc. on the transaction.
“We are delighted to welcome John E. Peakes Insurance Agency, Inc. to PCF,” says Peter C Foy, President, Founder and CEO of PCF Insurance. “They have a proven track record of serving clients for over 50 years in high-growth niche markets and will provide PCF with additional scale in southeastern california. President chad peaks He is an outstanding young leader who is very focused on growing the agency.”
PCF Insurance’s agency-focused operating model and business environment support its tremendous growth profile, offering alignment to agency partners through stock ownership, significant leadership incentives and resources across the US.
“PCF Insurance has allowed us to focus on our family of clients as we look to future growth,” says chad peaksPresident of John E. Peakes Insurance Agency, Inc. “PCF shares our core values and the collaboration has been inspiring.”
Terms of the deal were not disclosed.
In 2022, PCF Insurance completed or has under letter of intent 104 acquisitions, continuing its industry-leading M&A pace.
About John E. Peakes Insurance Agency, Inc.
Based in Ventura, Calif., John E. Peakes Insurance Agency, Inc. has been family owned and operated since 1969. Their mission is to “treat everyone like family.” They match each customer with the best coverage option from over 30 different insurance carriers at first interaction and at every renewal. They offer personal, business, gym, fitness studio, restaurant, and apartment building insurance options. Learn more at www.peakesinsurance.com.
About PCF Insurance Services
One of the top 20 brokers in the US based in lehi, Utah, PCF Insurance Services is a leading full-service consulting and insurance brokerage firm offering a wide range of business, life and health, employee benefits and workers’ compensation solutions. Powered by its people, PCF The agency-focused operating model and business environment support its tremendous growth profile, offering partner alignment through stock ownership, significant leadership incentives and resources for more than 3,100 employees across the US. Business Insurance 2022 Top 100 Brokers and #13 in insurance journal 2022 Major real estate/casualty agencies, PCF Insurance is a notable leader in the insurance space. Learn more at pcfins.com.
SOURCE PCF Insurance Services