Calco Commercial Insurance Services Inc.
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Calco Commercial Insurance Services Inc. - overview
Established
2008
Location
Sherman Oaks, CA, US
Primary Industry
Insurance
About
Based in California, US, and founded in 2008, Calco Commercial Insurance Services Inc. is a privately held company that provides insurance services to its clients in the vape, medical spa, and cryotherapy sectors. The company was founded by its president, Sarkis Kaladzhyan. In January 2024, Heffernan Insurance Brokers, Inc.
, a portfolio company of SkyKnight Capital, acquired Calco Commercial Insurance Services. The company specializes in providing insurance solutions for a variety of industries, including aviation, wellness, beauty, and product liability. In the aviation industry, Calco provides aircraft general liability insurance, products completed/operations coverage, and manufacturing and maintenance, repair, and overhaul (MRO) coverage. The firm offers general liability, professional liability, and business personal property (BPP) insurance to businesses in the wellness industry, specifically cryotherapy centres and medical spas, to protect them from potential claims.
Calco provides insurance coverage for medical spas offering procedures like laser treatments, injectables, teeth whitening, and body sculpting. Their coverage comprises general liability, professional liability, cyber liability, and BPP insurance, which meet the diverse needs of aesthetic clients. In addition, the company focuses on product liability insurance, providing solutions for a wide range of consumer and commercial products, including automotive parts, medical devices, firearms, and beauty products.
Current Investors
Heffernan Insurance Brokers, Inc.
Primary Industry
Insurance
Sub Industries
Commercial Insurance
Website
www.calcoinsurance.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Calco Commercial Insurance Services Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Calco Commercial Insurance Services Inc. | - |
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