Heffernan Insurance Brokers, one of the largest full-service, independent brokerage firms in the US, has announced the acquisition of California-based Calco Commercial Insurance Services. Terms of the transaction were not disclosed.
Calco has joined Heffernan Insurance Brokers’ small business division, HeffDirect. The acquisition was effective Jan. 1.
Founded in 2008, Calco serves small businesses in California and neighboring states. The firm has a focus on the vape, medical spa and cryotherapy sectors.
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“Calco has provided excellent products and services to its small business customers for many years,” said F. Michael Heffernan, president and CEO of Heffernan Insurance Brokers. “We’re excited to not only continue that exceptional service to existing customers but to expand the offerings to other small businesses through our HeffDirect team.”
Calco is the latest addition to Heffernan’s roster of acquisitions. In July of last year, the company announced the acquisition of California-headquartered Maffei Insurance & Financial Services. In March of last year, Heffernan acquired Kettering-Rose Insurance Services, another California-based firm.
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