Heffernan Insurance Brokers Entity Acquires Calco Commercial Insurance Services: Heffernan Insurance Brokers

2024 FEB 12 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, has acquired Calco Commercial Insurance Services. Located in Sherman Oaks, Calif., Calco joined Heffernan Insurance Brokers’ small business division, HeffDirect, effective January 1, 2024.

Established in 2008, Calco collaborates with small businesses throughout California and neighboring states. With a focused expertise in the vape, medical spa, and cryotherapy sectors, Calco is dedicated to serving clients in these industries. The exceptional HeffDirect team is well-equipped to build upon Calco’s accomplishments, driving growth within these sectors and expanding its geographical footprint.

“Calco has provided excellent products and services to its small business customers for many years,” said F. Michael Heffernan, President, and CEO of Heffernan Insurance Brokers. “We’re excited to not only continue that exceptional service to existing customers but to expand the offerings to other small businesses through our HeffDirect team.”

Terms of the transaction were not disclosed.

As part of the next phase of Heffernan’s growth strategy, we are interested in collaborating with privately held independent brokers across the United States. If you are interested in learning more, please contact Matt McKenna, Director of Corporate Development, at 925-746-7962 or [email protected].
Keywords for this news article include: Heffernan Insurance Brokers, Mergers and Acquisitions.

(Our reports deliver fact-based news of research and discoveries from around the world.)