Risk Strategies Company Acquires Securitas
Sica | Fletcher advises Securitas Insurance Partners in its sale to Risk Strategies Company.
Overview of Transaction
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Established in 2014, Securitas Insurance Partners LLC (Securitas) is a specialty insurance brokerage headquartered in Malvern, PA.
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Securitas is focused on the needs of venture capital and private equity-backed firms through an extensive range of insurance products and services aligned with advisory, transactional, and go-forward business strategies.
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The company’s target industries are life science, healthcare, technology, new energy, and financial services.
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Securitas 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 acquisition of Securitas enables RSC to substantially expand its retail operations in the Northeast with significant growth opportunities on day one.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Securitas and explored multiple options for the firm before partnering with Risk Strategies.
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The Securitas transaction builds on Sica | Fletcher's track record of success with complex transactions and key relationships with the most prolific acquirers in the space.