Northlane Partners With Choice Financial Group
Sica | Fletcher advises Choice Financial Group, LLC (“Choice”) in its partnership with Northlane Capital Partners (“NCP”), a leading lower middle-market private equity platform.
Overview of Transaction
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Founded in 1998, Choice is an acquisition‐focused insurance agency providing property and casualty insurance and employee benefits services to a range of commercial and individual customers. Choice is headquartered in Virginia Beach, VA, with 12 offices across the Mid-Atlantic region and has consistently growth both organically and via acquisition.
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Founded in 2003, Northlane Capital Partners (“NCP”) is a middle market private equity firm managing more than $1 billion of committed capital in its target verticals of healthcare and business services.
Significance of Transaction
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Choice’s partnership with NCP provides a valuable resource for continued geographic and individual segment growth as the Company executes on its future acquisition strategy.
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With its investment in Choice, Northlane continues to partner with industry leading companies and great management teams, aligning incentives to accelerate growth and build value.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Choice.
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This significant transaction highlights Sica | Fletcher’s track record of success with large, complex deals and further illustrates Sica | Fletcher's strong relationships with top-tier investors.