Risk Strategies Acquires Lovell Sagebrush Insurance Group
Sica | Fletcher advises Lovell Sagebrush Insurance Group, Inc. (“LSIG”) in its sale to
Risk Strategies (“RSC”).
Overview of Transaction
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LSIG is a retail insurance agency located in Lee’s Summit, Missouri (in the Kansas City Metropolitan Area). The Company has a mix of business in all segments, mainly commercial lines and employee benefits.
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LSIG agreed to partner with RSC, a top 20 National Insurance Broker headquartered in Boston, MA. RSC was recently included on Inc. Magazine’s 5000 Fastest-Growing Private Companies in America.
Significance of Transaction
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The acquisition of LSIG enables RSC to expand its retail operations in the Midwest with significant growth opportunities on day one for LSIG.
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The transaction will provide LSIG with substantially improved corporate resources and opportunities to team up with other RSC partners and expand nationally.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to LSIG.
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This transaction builds on Sica | Fletcher's track record of success partnering its clients with the most prolific acquirers in the space.