Risk Strategies Company Acquires Edward E. Hall & Company
Sica | Fletcher advises Edward E. Hall & Company in its sale to Risk Strategies Company.
Overview of Transaction
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Established in 1866, Edward E. Hall & Company (EEH) is a wholesale property & casualty insurance brokerage headquartered in Centerport, NY.
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EEH focuses on P&C insurance products for automotive and truck dealers and repair facilities via an Auto Dealer Program. EEH also manages a small retail insurance division.
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The company agreed to partner with Risk Strategies Company (RSC), a top 20 National Insurance Broker headquartered in Boston, MA.
Significance of Transaction
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The acquisition of EEH provides RSC with an opportunity to enhance its wholesale offerings, expand the breadth of its network, and capitalize on cross-selling opportunities within its existing client base.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to EEH and explored multiple options for the firm.
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The EEH transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.