Overview of Transaction

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• Abry Partners ("Abry"), a leading Boston-based private equity firm founded in 1989, is one of the most experienced and successful sector-focused private equity investment firms in North America, with over $82 billion of leveraged transactions and other private equity or preferred equity placements.

• Founded in 2018 and headquartered in Traverse City, MI, High Street Insurance Partners (“HSIP”) provides a broad array of business insurance & risk management, employee benefits & human capital management, financial & retirement services, and personal insurance solutions.

• HSIP has grown from a small regional player to a leading nationally ranked broker in just a few short years.

• With its investment in HSIP, Abry continues to develop its focus on investing in insurance services businesses. Other current or previous insurance investments include ERS, Hilb, Acrisure and NSM Group.

• HSIP management and agency partners will maintain large stakes in the company and Huron will maintain a minority interest in HSIP.

 

Significance of Transaction

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• The acquisition represents Abry’s desire to invest in the highest quality insurance platforms in the sector.

• HSIP will serve as a platform investment for Abry, with significant upside for swift growth in today’s market. 

 

Sica | Fletcher's Role

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• Sica | Fletcher served as exclusive strategic and financial advisor to Abry.

• This blockbuster transaction highlights Sica | Fletcher’s track record of success with large, complex transactions and further illustrates Sica | Fletcher's strong relationships with top-tier investors.