Private-Equity Firm HGGC, Buys PCF Insurance (now Trucordia)
Private-Equity Firm HGGC, Co-Founded by Football Legend Steve Young, Buys PCF Insurance (now Trucordia)
The mergers and acquisitions market may be on hold but HGGC, the private-equity firm co-founded by football legend Steve Young, has closed its purchase of PCF Insurance.
HGGC said April 1 that it acquired PCF, with management and PCF employees taking part in the deal. BHMS Investments and Madison Capital Funding are also reinvesting.
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