Sica | Fletcher advises E/G of Florida (EG Florida) in its sale to The Hilb Group (Hilb).
Overview of Transaction
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Founded over 25 years ago, EG Florida is a P&C-focused retail insurance agency.
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Based in Fort Lauderdale, EG Florida offers comprehensive, customized solutions to meet individual client needs, including specialty areas such as condominium associations, large commercial properties, high net worth individuals, and marine.
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With six locations in Florida, EG Florida is uniquely positioned, both geographically and through expertise, to serve a broad base of clients.
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EG Florida has joined forces with The Hilb Group, one of the fastest-growing top 100 Independent Property/Casualty Agencies.
Significance of Transaction
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The acquisition of EG Florida will allow Hilb to substantially increase its geographic footprint in the South and Gulf Coast.
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The acquisition will allow the EG Florida team to reach new heights. Hilb’s best-in-class experts and national partner network will provide robust support and offer countless cross-selling opportunities for the EG Florida team.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to EG Florida and explored multiple options for the firm before partnering with Hilb.
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This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.