PCF Insurance Services acquires John E. Peakes Insurance Agency
“We’re delighted to welcome the John E. Peakes Insurance coverage Company, Inc. to PCF,” mentioned PCF Insurance coverage founder, chairman, and CEO Peter C. Foy. “They’ve a confirmed monitor report serving purchasers for over 50 years in high-growth area of interest markets and can present PCF with further scale in Southern California.”
Foy additionally talked about that John E. Peakes Insurance coverage Company president Chad Peakes is “an impressive younger chief keenly targeted on company progress.”
“PCF Insurance coverage has allowed us to give attention to our household of shoppers whereas trying towards future progress,” commented Chad Peakes. “PCF shares our core values, and the collaboration has been exhilarating.”
PCF mentioned that its agency-centric working mannequin and entrepreneurial setting provide its company companions alignment by fairness possession, vital management incentives, in addition to entry to assets all through the US.
As of August 18, 2022, PCF mentioned that it has accomplished or has underneath a letter of intent 104 acquisitions.
Learn extra: PCF Insurance Services acquires managing general agent Professional Warranty Service Corporation
John E. Peakes Insurance coverage Company is the most recent in PCF’s latest collection of acquisitions. Simply earlier this month, the dealer acquired Skilled Guarantee Service Company, a specialty insurance coverage and residential warranty-focused managing normal agent. And final month, PCF acquired full-service insurance coverage company Andreini & Firm.
