Pcf Insurance Services Acquires Niche F&I Broker Peak Performance Team
Sep 20, 2022•about 3 years ago
Acquiring Company
PCF Insurance Services
Acquired Company
Peak Performance Team
Description
PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Peak Performance Team (PPT), a niche finance and insurance (F&I) broker based in South Carolina offering custom-tailored packages to auto dealerships throughout the United States.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed