Acrisure Acquires Newkirk, Dennis & Buckles
Sica | Fletcher guides Kansas-based Newkirk, Dennis & Buckles, Inc. in its sale to Acrisure.
Overview of Transaction
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With roots dating back to 1890, Newkirk, Dennis & Buckles, Inc. (NDB) is a property and casualty focused broker with four locations serving Southeast Kansas.
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A fourth-generation brokerage, NDB’s client base includes a large block of municipal and government business.
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NDB chose to partner with Acrisure, a top 10 National Insurance Broker.
Significance of Transaction
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The NDB acquisition strengthens Acrisure’s already substantial presence in the Midwest marketplace.
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Acrisure’s broad retail base will provide NDB with significant growth opportunities immediately.
Sica | Fletcher's Role
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Newkirk, Dennis & Buckles engaged Sica | Fletcher to serve as its exclusive strategic and financial advisor.
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Sica | Fletcher explored several strategic options for NDB, ultimately culminating in a sale to Acrisure.
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The NDB transaction further highlights Sica | Fletcher’s strong relationships with top-tier investors, having previously worked with Acrisure on numerous deals.