The Hilb Group Acquires LCIA Inc. (Campisano Insurance Agency, Inc.)
Sica | Fletcher advises LCIA Inc. (Campisano Insurance Agency, Inc.) in its sale to The Hilb Group.
Overview of Transaction
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LCIA Inc. also known as Campisano Insurance Agency was founded in 1981 by Gus Campisano and is a full-service agency that specializes in the transportation industry.
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LCIA was positioned as an ideal investment platform for those investors looking to enter the NYC market or gain a significant player in the transportation sector.
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Campisano Insurance Agency, Inc. agreed to be acquired by The Hilb Group (THG), a top 30 National Insurance Broker.
Significance of Transaction
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The LCIA acquisition bolsters THG’s presence in the lucrative NYC market and gives them a strategic competitive niche in transportation.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to the Campisano Insurance Agency and explored multiple options for the firm.
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The LCIA transaction builds on Sica | Fletcher's track record of success across the Insurance space.
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This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with The Hilb Group on numerous deals.