National Auto Care (NAC) has acquired five agencies – Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies (RRC) and Ace Financial Development Group (AFDG).
The announcement is made in partnership with the agencies’ principals – President Dave Griffiths of Profit Concepts; owner Rod Watson and VP of Sales Gene Patton of Pinnacle Dealer Services; owner Dave Pritchard and President Greg Welch of Pritchard Insurance; owner Rodney Porter of RRC Companies; and President Tim Bartholomew of Ace Financial Development Group.
Courtney Hoffman, National Auto Care senior vice president of mergers and acquisitions, said the transactions are a critical part of National Auto Care’s growth strategy, as the award-winning auto finance and insurance (F&I) product provider continues its West Coast expansion and partnerships with best-in-class F&I agencies.
Pinnacle Dealer Services is an Arizona-based agency founded in 2008 that provides products to RV, automotive, powersports and marine dealers primarily in Arizona and other accounts throughout the Southwest.
Profit Concepts was founded in 1979 as a general agency with a vision to help dealers maximize the profit of their sales, finance, and service departments. Profit Concepts and NAC have a long history together, including in 2018 when the two companies collaborated to develop National Powersports Care, a line of protection products exclusively for powersports vehicles.
The executive teams of each agency will continue to manage the day-to-day operations of its office with the added support of NAC’s industry-leading products and best-in-class claims management capabilities.
“Expansion on the West Coast is an important piece of our agency acquisition strategy. These transactions enable us to continue to increase NAC’s current footprint in this market,” Hoffman said. “We are excited about our future partnership with these agencies. People make the difference.”
“What makes NAC stand out is the people and the atmosphere,” Pinnacle’s Watson said. “They have outstanding products and technology, and we look forward to growing with their support.”
