World Insurance Associates Acquires Danaher, Skewes & Associates
Sica | Fletcher advises Danaher, Skewes & Associates in its sale to World Insurance Associates.
Overview of Transaction
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Founded in 1963, Danaher, Skewes & Associates (Danaher) is one of the largest independent insurance agencies in Virginia, serving residents and businesses in Alexandria, VA, Manassas, VA, Fredericksburg, VA, and surrounding areas.
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The company’s products and services comprise a mix of business in all segments.
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Danaher agreed to partner with World Insurance Associates (World), a top 100 Independent Property/Casualty Agency.
Significance of Transaction
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The acquisition of Danaher bolsters World’s offerings in a high-value geography and expands its presence on the East Coast.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Danaher and explored multiple options for the firm before partnering with World.
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This transaction further bolsters Sica | Fletcher's strong reputation with top-tier investors in the insurance sector.