Alera Group Acquires CRISP Insurance Advisors
Overview of Transaction
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CRISP Insurance Advisors is a New Jersey based boutique insurance agency.
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In 2012, CRISP was formed after merging a personal and commercial lines agency with an employee benefits firm.
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CRISP agreed to be acquired by Alera Group, the 14th largest independent insurance agency in the country.
Significance of Transaction
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The CRISP Insurance acquisition strengthens Alera Group's presence in the Northeast.
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Alera’s national resources and extensive knowledge will provide CRISP with continued growth opportunities.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to CRISP.
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CRISP engaged Sica | Fletcher to explore multiple strategic options for the firm.
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The CRISP Insurance transaction further highlights our strong relationships with top-tier investors, having previously worked with Alera Group on numerous deals.