PCF Insurance Services acquires California-based Andreini & Company
PCF Insurance Services, an American insurance brokerage firm, has acquired Andreini & Company, a California-based insurance agency, for an undisclosed price.
Established in 1951, Andreini & Company provides a spectrum of insurance products and solutions. Headquartered in San Mateo, the insurance agency has specialized know-how in industry niches like agriculture, transportation, aviation, equine mortality, oil and gas, and others.
Peter C. Foy — PCF Insurance Services Chairman, Founder, and CEO said: “We are thrilled to welcome Andreini & Company and its team to the PCF family.
“The Andreini team has a notable history and stellar reputation within the industries and geographies it serves and possesses an entrepreneurial mindset that is reflective of their success. They bring a breadth of industry specializations, such as petroleum and agriculture, that will be beneficial to other agencies in the broad PCF network.”
PCF Insurance Services acquires California-based Andreini & Company. Photo courtesy of Tumisu/Pixabay.
Andreini & Company has more than 200 insurance professionals and 15 offices across the US. It was advised by Sherman & Company on the transaction.
Michael Colzani — Andreini & Company Executive Vice President said: “PCF and Peter are like us – a people-centric, family company dedicated to supporting our customers while striving for growth.
“We’re confident this partnership will provide a pathway to long-term success through operational resources, new growth opportunities, and a network of knowledgeable colleagues.”