Overview of Transaction

​​

• Founded in 1975, Bagatta Associates (Bagatta) is a full-service commercial and personal lines insurance agency based out of Smithtown Long Island, New York.

• For over forty years, Bagatta has served a range of individuals and businesses; the firm boasts expertise in the real estate, construction, fuel oil, wholesale/manufacturer/distributor, automotive and pharmaceutical industries.

• Bagatta Associates chose to partner with Patriot Growth Insurance Services. With 21 offices in 7 states, Patriot is a top-60 U.S. privately held insurance agency.

​

Significance of Transaction

​

• The Bagatta transaction broadens Patriot's reach in the New England and East Coast markets while strengthening its benefits offerings.

• The partnership with Bagatta significantly bolsters Patriot’s existing property and casualty insurance capabilities and supports the platform’s continued expansion into the greater New York City marketplace.

​

Sica | Fletcher's Role

​

• Sica | Fletcher served as exclusive strategic and financial advisor to Bagatta Associates and explored multiple options for the firm.

• This transaction highlights Sica | Fletcher’s deep domain expertise in the insurance space, and strong relationship with top-tier investors.