LTC Global Inc. has acquired Pacific Southwest Financial & Insurance Services Inc.
LTC Global is a Woodland Hills, California-based long-term care insurance distributor and insurance agency finance company.
Pacific Southwest is a La Jolla, California-based insurance brokerage consulting firm affiliated with the Capitas Financial brokerage organization.
LTC Global says Richard Maholchic, who has been the executive vice president at Pacific Southwest, will take over as the president of Pacific Southwest, and as the manager of the Pacific Southwest unit's operations.