Sica | Fletcher advises 360 Insurance and Investments, LLC in its sale to PCF Insurance Services.

Overview of Transaction

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• 360 Insurance is a retail property and casualty insurance agency headquartered in Las Vegas, Nevada. 

• Founded in 2011 by Jim Asche, 360 Insurance is a personal lines-focused agency. Co-owner Chris Huggins joined the agency in 2011. 

• 360 Insurance serves thousands of clients in Nevada and the surrounding states. The Company is primarily focused on main street coverages for individuals and small businesses. While the Company is focused on personal lines, 360 Insurance has expertise providing commercial coverages for businesses in the construction and hospitality sectors. 

• Founded in 1987, PCF is a rapidly growing full-service insurance brokerage. 

 

Significance of Transaction

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• The acquisition of 360 Insurance provides the opportunity for PCF to expand its footprint in the Nevada market. 360 Insurance is a strong player in the region and will allow PCF to quickly expand in the area. 

• 360 Insurance will be positioned to expand nationally by cross-selling to partners within the PCF agency network. 

 

Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to 360 Insurance and explored multiple options for the firm.

• The transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.