HCF buys two brokers

Deal

The MVP-backed broker has made five purchases in a just over a year.

Heath Crawford and Foster has bought Southend-on-Sea based Merenda & Co and Leigh-on-Sea based Essex Financial Management (general insurance division) taking its gross written premium up to £20m.

Merenda was formed in 1966 while EFM was set up in 1991. Both businesses provide personal lines and commercial insurance and the leaders of each, Colin and Angela Merenda along with EFM’s Mark Fellman, remain in the expanded HCF business.

Founded in 1982, HCF now has over 35 staff. The broker

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