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New Deal


Announced

Completed

PCF Insurance completed the acquisition of United Underwriters.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Completed

insurance

Friendly

Private

Insurance Brokers

Single Bidder

United States

Acquisition

Domestic

Synopsis

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PCF Insurance, an insurance brokerage firm, completed the acquisition of United Underwriters, an insurance company. Financial terms were not disclosed "We are proud to welcome United Underwriters to the PCF family. United Underwriters is one of Utah's fastest growing MGAs and possesses a proven track record of success. PCF's growth strategy centers around leveraging the deep bench strength and collective experience of our partner network for the good of our clients. The United Underwriters team is an outstanding addition to PCF because of their unique product and service offering," Peter C. Foy, PCF Insurance Chairman, Founder, and CEO.

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