PCF Insurance Services Acquires Insurance Business of Montalvo Insurance Agency
July 25, 2024
PCF Insurance Services, a top-20 U.S. insurance brokerage headquartered in Lehi, Utah, has acquired the insurance business of the Montalvo Insurance Agency, a long-standing agency serving southern Texas for more than 65 years. The deal brings Montalvo's public-entity client relationships and local team into PCF's platform, providing expanded market access, enhanced coverage solutions, and shared-services support.
- Buyers
- PCF Insurance Services (PCF Insurance Services of the West, LLC)
- Targets
- Montalvo Insurance Agency (insurance business)
- Sellers
- Montalvo Insurance Agency
- Industry
- Insurance
- Location
- Texas, United States
- Transaction Type
- Divestiture
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