PCF Insurance Acquires Two Insurance Businesses, Expands Presence in Key Markets: PCF Insurance Services

2024 MAY 13 (NewsRx) -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- PCF Insurance Services, a top 20 U.S. insurance brokerage with operations in about 40 states, has acquired the insurance businesses of Encore Advisors and All Star Insurance based in Norcross, Georgia, and Venus, Texas, respectively.

“We are excited to welcome Encore Advisors and All Star Insurance to the PCF family as we continue to expand our footprint and deepen our capabilities,” said Brooke K. DeWyze, Chief Development Officer at PCF Insurance. “These dynamic teams are an excellent fit for PCF because their specializations and niche markets align well with our growth strategy, with Encore expanding our capabilities for employee benefits solutions and All Star strengthening our collective bench strength in serving the transportation industry.”

Both businesses are located in key markets for PCF Insurance as the brokerage looks to expand its presence in Georgia and Texas, among other high-growth geographies, in 2024.

Encore Advisors is a rapidly growing, family-run boutique employee benefits business outside of Atlanta, specializing in group health benefits solutions, executive planning and human capital management solutions for human resources professionals. By joining PCF Insurance, Encore’s clients benefit from better coverage solutions and increased access to services that complement and add value to their health and wellness programs.

Well-known for its insurance solutions targeting the trucking sector, the All Star Insurance team outside of Dallas will team up with PCF Insurance’s Houston-based transportation business, TCL Insurance, strengthening the collective offering of insurance, risk management and loss control solutions within the industry.

PCF Insurance continues to build an active M&A pipeline seeking to acquire profitable insurance businesses with an appetite for growing beyond their high-watermark performance threshold.

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