SkyKnight acquires Heffernan.

SkyKnight Capital, a leading investment firm acquires Heffernan Insurance Brokers (“Heffernan”), a leading independent retail insurance brokerage platform headquartered in Walnut Creek, California. Financial terms were not disclosed. “We are excited to bring SkyKnight on as a value-added partner to help execute on our next phase of growth,” said Mike Heffernan, President and CEO of Heffernan. “SkyKnight’s minority investment allows us to gain valuable strategic and financial support, while retaining our independence and our culture of employee ownership.”