PCF Insurance Services has acquired DLD Insurance Brokers, marking the company's ninth acquisition in 2024.
Based in California, DLD Insurance Brokers manages risks for companies with portfolios in construction, real estate, manufacturing, medical devices, and technology.
According to the firm, PCF Insurance continues building its M&A pipeline with strategic acquisitions that strengthen its core P&C and health and benefits businesses in key markets, deepen its in-house experience implementing risk management and loss control solutions within growing industries, and maintain healthy, long-term profitability.
Felix Morgan, CEO of PCF Insurance, comments: "[DLD’s] team has served as trusted advisors for decades by bringing robust experience and knowledge to helping mitigate increasingly complex risks, specifically for the construction and real estate sectors.
“Their specialisation in these industries adds to our own bench strength and aligns with our core business."