PCF Insurance Acquires Elliot Katzovitz Insurance
Sica | Fletcher advises Elliot Katzovitz Insurance (EKIA) in its sale to PCF Insurance

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Overview of Transaction

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  • Founded in 1994, EKIA is a retail insurance specialist located in California. The majority of EKIA’s business is with condo associations, apartments and planned unit developments.

  • EKIA is branded under HOAinsurance.com.

  • 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 EKIA allows PCF to expand its global service offerings and to serve an even broader group of clients. 

 

Sica | Fletcher's Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to EKIA and explored multiple options for the firm before EKIA elected to partner with PCF.

  • The EKIA transaction builds on Sica | Fletcher's track record of success and relationships with the most prolific acquirers in the space.

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