Acrisure Acquires Shewchuck Insurance Agency
Sica | Fletcher guides Midwest-based Shewchuck Insurance Agency in its sale to Acrisure.
Overview of Transaction
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Shewchuck Insurance Agency (“Shewchuck”) is an all lines retail agency located in Glenview, Illinois.
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The Company offers a full suite of business, personal and employee benefits insurance serving over 1,000 customers.
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Shewchuck agreed to be acquired by Acrisure, a top 10 National Insurance Broker.
Significance of Transaction
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The Shewchuck acquisition strengthens Acrisure's presence in their home Midwest market.
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Acrisure’s broad retail base will provide Shewchuck with significant growth opportunities immediately.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Shewchuck Insurance Agency and explored multiple options for the firm.
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This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with Acrisure on numerous deals.