Jan 19, 2009 – Bradley & Parker acquires Profile Coverage
Long Islandís Bradley & Parker Acquires Profile Coverage
Jan 19, 2009 — SYOSSET, N.Y.–(BUSINESS WIRE)–Bradley & Parker today
announced the acquisition of Profile Coverage Corporation and its affiliated companies,
located in Ronkonkoma, New York.
With roots going back to 1964, Profile Coverage Corp. is an all lines insurance
agency/broker offering risk management, commercial and personal property/casualty, life
and health insurance services to its clients on Long Island and in the metropolitan New
York area.
Profile Coverage Corp. will continue to operate in their current Ronkonkoma location
and will become Bradley & Parkerís Suffolk County office. Steve Fuoco will be Vice
President and Branch Manager. Lou Pellegrino, President of Profile Coverage
Corporation will remain as an executive consultant to Bradley & Parker.
Mystic Capital Advisors Group, LLC acted as financial advisor to Profile Coverage Corp.
for the transaction and David A. Black, CPA was the advisor to Bradley & Parker.
The management teams of both firms are excited at the prospects of the newly merged
companies. Wayne Nowland, Executive Vice President of Bradley & Parker, stated, ìThe
acquisition of Profile Coverage Corp. allows us to expand into Suffolk County and
uniquely positions the combined firm to collectively better service our current clients and
expand our client base by offering access to more insurance companies. Additionally, we
are adding to our talent base of professionals through this acquisition.î
Bradley & Parker, established in 1939, is an all-lines insurance agency/broker
headquartered in Syosset, New York.
For more information on Mystic Capital, please contact Matt Klossner at 212-251-0251
or visit www.mysticcapital.com.
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