Overview of Transaction

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• With roots dating back to 1860, Tanenbaum-Harber is a long-established insurance and risk management advisor for businesses and families headquartered in Miramar, Florida.

• In a very competitive environment and despite challenging market conditions, Tanenbaum-Harber has experienced strong business growth over the past five years. The agency counts over 5,000 clients across a range of industries including wholesale distribution, real estate, security, hospitality, technology and non-profit.

• Tanenbaum-Harber agreed to partner with RSC, a top 20 National Insurance Broker headquartered in Boston, MA. Risk Strategies (RSC) was recently included on Inc. Magazine’s 5000 Fastest-Growing Private Companies in America.

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Significance of Transaction​

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• The transaction provides RSC with an additional retail commercial lines specialist in Southeast Florida. Tanenbaum’s team of nearly 50 insurance professionals will bolster growth for RSC in the region.

• The acquisition will significantly enhance Tanenbaum-Harber’s existing operations – RSC offers a massive client base for cross-selling opportunities, as well as a host of resources and expertise that will allow Tanenbaum Harber to focus on growth.

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Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as the exclusive strategic and financial advisor to Tanenbaum-Harber and explored multiple options for the firm.

• This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.