“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 document serving purchasers for over 50 years in high-growth area of interest markets and can present PCF with extra scale in Southern California.”
Foy additionally talked about that John E. Peakes Insurance coverage Company president Chad Peakes is “an excellent younger chief keenly targeted on company progress.”
“PCF Insurance coverage has allowed us to deal with 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 surroundings provide its company companions alignment by fairness possession, vital management incentives, in addition to entry to sources all through the US.
As of August 18, 2022, PCF mentioned that it has accomplished or has underneath a letter of intent 104 acquisitions.
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 basic agent. And final month, PCF acquired full-service insurance coverage company Andreini & Firm.