M&A Deal Summary

PCF Insurance Services Acquires Sinnott Agency

On June 24, 2024, PCF Insurance Services acquired insurance company Sinnott Agency

Acquisition Highlights
  • This is PCF Insurance Services’ 11th transaction in the Insurance sector.
  • This is PCF Insurance Services’ 13th transaction in the United States.
  • This is PCF Insurance Services’ 1st transaction in Iowa.

M&A Deal Summary

Date 2024-06-24
Target Sinnott Agency
Sector Insurance
Buyer(s) PCF Insurance Services
Deal Type Add-on Acquisition

Target

Sinnott Agency

Waterloo, Iowa, United States
Sinnott Agency is a full-service insurance agency. Sinnott Agency was formed in 1923 and is based in Waterloo, Iowa.

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Buyer(S) 1

Buyer

PCF Insurance Services

Lehi, Utah, United States

Category Company
Sector Insurance
DESCRIPTION

PCF Insurance Services is a full-service consultant and insurance brokerage firm offering a broad array of commercial, life, and health, employee benefits, and workers' compensation solutions. PCF Insurance Services is based in Lehi, Utah.


DEAL STATS #
Overall 13 of 19
Sector (Insurance) 11 of 17
Type (Add-on Acquisition) 12 of 18
State (Iowa) 1 of 1
Country (United States) 13 of 19
Year (2024) 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Ignitist

Harleysville, Pennsylvania, United States

Ignitist provides medicare and senior benefits, a unique and nuanced sector of insurance where clients directly benefit from the deep knowledge of an experienced insurance professional. Ignitist is based in Harleysville, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-25 Montalvo

Weslaco, Texas, United States

Montalvo is an insurance agency that helps local small businesses endure some of the hardest situations by being prepared ahead of time through proper insurance coverage. Montalvois based in Weslaco, Texas.

Buy -