Acrisure Acquires New Jersey-Based Eastern Insurors
Overview of Transaction
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Eastern Insurors is an independent insurance agency based in Northern New Jersey.
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In business since 1947, Eastern Insurors specializes in home insurance, auto insurance, business insurance, boat insurance, motorcycle insurance and business auto insurance.
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Eastern Insurors agreed to be acquired by Acrisure, a top 10 National Insurance Broker.
Significance of Transaction
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The Eastern Insurors acquisitions expands and strengthens Acrisure’s presence in the Northeast and the NY Tri-State area.
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Acrisure's broad retail base will provide Eastern Insurors with significant growth opportunities immediately.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Eastern Insurors.
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Eastern Insurors engaged Sica | Fletcher to explore multiple strategic options for the firm.
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The Eastern Insurors transaction further highlights our strong relationships with top-tier investors, having previously worked with Acrisure on numerous deals.