Heffernan Network Insurance Brokers Acquires Barbary Insurance Brokerage

May 1, 2023

Heffernan Network Insurance Brokers, a subsidiary of Heffernan Insurance Brokers, has acquired Barbary Insurance Brokerage, a Bay Area-focused commercial and personal lines agency headquartered in Oakland, California. The deal brings founder Jerry Becerra and several team members into the Heffernan Network to allow Barbary to operate as an autonomous subsidiary while leveraging Heffernan's market access and support resources to drive growth and provide an exit/perpetuation solution for the founder.

Buyers
Heffernan Network Insurance Brokers
Targets
Barbary Insurance Brokerage
Industry
Insurance
Location
California, United States
Transaction Type
Buyout

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