Risk Strategies Company Acquires McCamon-Hunt
Sica | Fletcher advises McCamon-Hunt Insurance Agency in its sale to Risk Strategies Company.
Overview of Transaction
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Founded in 1936, McCamon-Hunt Insurance Agency, Inc. (McCamon-Hunt) is a leading retail insurance agency headquartered in Boardman, Ohio.
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In its third generation of ownership, McCamon-Hunt has been serving the Tri-County Mahoning Valley and Western Pennsylvania regions for over 80 years.
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McCamon-Hunt agreed to partner with Risk Strategies Company (RSC), a top 20 National Insurance Broker headquartered in Boston, MA.
Significance of Transaction
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The transaction strengthens RSC’s presence in the Midwest market.
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RSC's broad client base will provide McCamon-Hunt with significant cross-selling opportunities immediately and long-term synergies due to their aligned cultures.
Sica | Fletcher's Role
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McCamon-Hunt engaged Sica | Fletcher to serve as its exclusive strategic and financial advisor.
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Sica | Fletcher explored several strategic options for McCamon-Hunt, ultimately culminating in a partnership with Risk Strategies Company.
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This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with RSC on numerous deals.