Sica | Fletcher advises Hardwick Insurance LLC in its sale to ALKEME Intermediary Holdings, LLC.
Overview of Transaction
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Hardwick Insurance LLC is an acquisitive property and casualty (P&C)-focused retail insurance agency with offices in Bossier City, Lafayette, and Lake Charles, Louisiana.
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Founded in 2018 by William Hardwick, the company primarily writes personal lines coverage with specialized expertise in P&C insurance for churches.
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Hardwick agreed to partner with ALKEME, one of the fastest-growing insurance brokerages in the United States, providing agencies with a proven platform to achieve financial security and revenue
Significance of Transaction
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The acquisition will allow ALKEME to enhance its national footprint by expanding into Louisiana and leveraging the specialty expertise Hardwick provides.
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The acquisition offers the Hardwick team ALKEME’s strengths and network of agency partners. Its partner network will offer many cross-selling opportunities for the Hardwick team within its existing client base.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Hardwick.
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This transaction underscores the strength of Sica | Fletcher’s network of best-in-class agencies and top-tier investors.