Trucordia (Formerly PCF Insurance) Acquires Grosslight Insurance, Inc.
PCF Insurance Services has completed the acquisition of Grosslight Insurance, Inc., headquartered in the Westwood neighborhood of Los Angeles, CA.
Peter Foy said, “We are excited to partner with such an iconic agency in the Los Angeles area as well as the broader insurance community. Our presence in Southern California is now one of the largest by any privately-held brokerage.”
Grosslight Insurance, with offices in Westwood and Rancho Cucamonga, was founded in 1950 by Gil Grosslight who built the agency into one of the top twenty brokers in Los Angeles.
In February 2017, PCF partnered with BHMS Investments, LP to accelerate the Company’s growth through a series of retail agency acquisitions.