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Sica | Fletcher has been providing M&A advisory services to agencies and brokerages of all sizes for a decade. In that time, we’ve represented thousands of clients and quickly became one of the most active boutique M&A advisory firms in the market today.
The sections below outline what insurance agency investment banks typically provide for clients, to help readers determine whether they are actually needed. In addition, we detail some of the M&A services Sica | Fletcher provides to illustrate why owners should consider working with our teams to sell their agency.
Do You Need An Insurance Agency Investment Bank?
Sica | Fletcher has been proud to represent thousands of insurance agencies and brokerages over the last 10 years. This experience has revealed that there's a common misunderstanding around what an ‘investment bank’ is and what an ‘investment banker’ actually does.
Nine times out of ten, owners seeking an insurance agency investment bank are really looking for an M&A advisory firm: a financial institution that provides capital raising, IPO, and/or strategic/legal advisory services. If you're unfamiliar with the differences between an M&A firm and an investment bank, the table below offers a brief overview of their respective services.
The central difference is this – an insurance agency investment bank provides funding services to grow the agency prior to a sale, while an M&A advisory firm provides everything else, typically at more favorable price structures. Sometimes, we find that owners aren’t sure of what services they actually need; growing their agency prior to a sale might seem necessary even if it wasn’t in their original plan.
A good first option is to sit down with a trusted advisor for an expert opinion on your sale. Our team is available to speak with agency owners to provide first impressions.
Why Sica | Fletcher?
Fletcher is the most active M&A advisory firm in the insurance sector today. Having represented thousands of clients over the last 10 years, we sit comfortably at the top of the S&P's global data ranking of top insurance agency M&A firms, where we've sat for our entire tenure as a company.
We represent agencies of all sizes. Whether you are a small business, a mid-market agency, or a large enterprise-level brokerage with over a billion dollars at stake, Sica | Fletcher has the experience and the buyer network to get you the payout you deserve.
Our Insurance Agency Investment Banking Services
Sica | Fletcher offers an approach to Insurance M&A transactions that walks with you every step of the way.
Because we operate as a boutique firm, our teams provide clients with access to the firm’s principal members on every deal we touch.
Even if they specialize in representing an insurance agency, investment banks typically operate with a bloated team structure that leaves you in the hands of junior representation.
Our Clients
Sica | Fletcher is one of the most active insurance agency investment banks in the market today. We have represented insurance agencies and brokerages from every corner of the insurance industry, leading to high payouts that meet owners’ life goals for post-closing.
Here's what just a few of our clients have to say:
HGGC Sells PCF Insurance Services
Announced on November 2nd, Sica | Fletcher served as strategic advisor to PCF in a deal with financing of more than $1B, evaluating growth strategies and assisting in the partner-led buyout.
Sica | Fletcher advises Hardwick Insurance LLC in its sale to ALKEME Intermediary Holdings, LLC.
Sica | Fletcher served as the exclusive strategic and financial advisor to Hardwick as they agreed to partner with ALKEME, one of the fastest growing insurance brokerages in the United States.
Sica | Fletcher advises Italiano Insurance Services, Inc. in its sale to Assured Partners.
After years of serving as Italiano Insurance Services strategic and financial advisor, Sica | Fletcher oversaw their decision to partner with Assured.
RECENT DEALS
Reach Out for M&A Advisory ServicesIt can feel overwhelming as you consider going to market with your insurance agency. Investment banks provide essential services for brokerages seeking to grow prior to a sale, but if you're ready to take your agency to market, the team at Sica | Fletcher is ready to talk to you. CONTACT US |  Mike Fletcher | Managing Partner |
About Sica | Fletcher: Sica | Fletcher is a strategic and financial advisory firm focused exclusively on the insurance industry. Founders Michael Fletcher and Al Sica are two of the industry's leading dealmakers who have advised on over $16 billion in insurance agency and brokerage transactions since 2014. According to S&P Global, Sica | Fletcher ranked as the #1 advisor to the insurance industry for 2017-2023 YTD in terms of total deals advised on. Learn more at SicaFletcher.com.
Contact: Mike Fletcher
Managing Partner, Sica | Fletcher
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