Acrisure Acquires Founders Professional, LLC
Sica | Fletcher advises Founders Professional in its sale to Acrisure.
Overview of Transaction
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Founded in 2008, Founders Professional, LLC (Founders) is a national specialty wholesale insurance brokerage licensed in 50 states and headquartered in St. Petersburg, Florida.
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Founders is an expert in placing all classes of professional liability and management liability insurance, including lawyers, architects & engineers, medical & cyber liability.
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Founders Professional was positioned as an ideal investment platform for investors looking for a turn-key, professional liability wholesaling solution.
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Founders decided to partner with Acrisure, a top 10 National Insurance Broker.
Significance of Transaction
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The Founders partnership will help accelerate Acrisure's growth through its nationwide reach of professional liability solutions.
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Acrisure’s broad retail base will provide Founders with significant growth opportunities from day one.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Founders Professional and explored multiple options for the firm.
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This transaction demonstrates Sica | Fletcher’s continued leadership position as the “advisor of choice” to the leading financial services companies and their investors.