Sica | Fletcher advises Dudek Insurance Agency Group, Inc. in its sale to High Street Insurance Partners.
Overview of Transaction
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Dudek Insurance Agency Group, Inc. is a retail property and casualty insurance agency headquartered in New Baltimore, Michigan.
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After many years in the industry, Dave Dudek acquired the agency in 1999. Dudek is primarily focused on Mainstreet commercial coverages for small- to medium-sized businesses and personal lines.
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While the company serves a variety of industries, Dudek has expansive expertise in providing coverage for boats, yachts and marinas.
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Dudek agreed to partner with High Street Insurance Partners (HSIP), one of the fastest growing insurance agencies in North America and a Top 100 National Insurance Broker headquartered in Traverse City, Michigan.
Significance of Transaction
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This acquisition further reinforces HSIP’s retail presence in the Michigan market and leverage Dudek’s expertise within the marina and watercraft coverages.
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The acquisition provides Dudek with the unique opportunity to supercharge growth initiatives with the backing of one of the industry’s top leaders and their robust resources
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Dudek.
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This transaction highlights the strength of Sica | Fletcher’s relationships with leading agencies and top-tier investors.