PCF Insurance Services Acquires East Coast Insurance Group

Sica | Fletcher advises East Coast Insurance Group in its sale to PCF Insurance Services.

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Overview of Transaction

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  • Located in Nokomis, Florida, East Coast Insurance Group, LLC (ECIG) was founded in 1999 and is a specialist insurance broker to the automotive industry. 

  • The Company serves the automobile sales & services industry, with significant blocks of Auto Recycling, Towing, Dealer, Garage, and Bodyshop business.

  • PCF Insurance Services (PCF) is a rapidly growing full-service insurance brokerage backed by HGGC, a leading middle‐market private equity firm with $4.3 billion in cumulative capital commitments.

 

Significance of Transaction

  • The acquisition of ECIG allows PCF to further expand its market presence in the automotive sector.

 

Sica | Fletcher's Role

  • Sica | Fletcher served as exclusive strategic and financial advisor to ECIG.

  • This transaction further bolsters Sica | Fletcher's strong reputation with top-tier investors in the insurance sector.

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