Sica | Fletcher advises The Yorke Agency, Inc. in its sale to High Street Insurance Partners.
Overview of Transaction
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Initially founded in 1947, The Yorke Agency has been serving the local Pittsburgh community and surrounding regions for 75 years.
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The company primarily provides commercial lines and personal products and services to clients throughout the State of Pennsylvania and surrounding areas.
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Yorke agreed to partner with High Street Insurance Partners (HSIP), one of the fastest growing insurance agencies in North America and a Top 100 National Insurance Broker headquartered in Traverse City, Michigan.
Significance of Transaction
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The acquisition will allow HSIP to expand its footprint into the Pennsylvania market and leverage the strong capabilities the Yorke team has built.
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The acquisition provides Yorke an opportunity to be part of a team where they can leverage each other's strengths and better serve their community. HSIP’s resources and expertise will allow for immediate, rapid expansion.
Sica | Fletcher's Role
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Sica | Fletcher served as exclusive strategic and financial advisor to Yorke.
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This transaction highlights the strength of Sica | Fletcher’s relationships with leading agencies and top-tier investors.