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Sica | Fletcher advises Jacobson Professional Insurance in its sale to Alkeme Intermediary Holdings, LLC.

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Overview of Transaction

  • Jacobson is a retail insurance agency located in West Orange, New Jersey.

  • Founded in 2011 by Scott Jacobson, the Company specializes in providing professional liability coverages for law firms in New York and New Jersey.

  • Jacobson utilizes its strong market connections through wholesalers, managing general agents, and direct carrier relationships to customize and tailor specialized insurance programs for its clients.

  • Jacobson agreed to partner with ALKEME, a Top 40 Insurance Brokerage.

 

Significance of Transaction

  • The acquisition strengthens ALKEME position in the property and casualty insurance market, expands its geographic footprint on the East Coast, and gives ALKEME the ability to expand its professional liability practice.

  • With ALKEME as their growth partner, Jacobson can leverage ALKEME’s extensive resources and capabilities to continue providing exceptional service to their existing clients while expanding their reach.

 

Sica | Fletcher's Role

  • Sica | Fletcher served as exclusive strategic and financial advisor to Jacobson.

  • The transaction highlights Sica | Fletcher's relationships with leading agencies and top-tier investors.

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