Sica | Fletcher advises Alliance Brokerage Corp. in its sale to ALKEME Intermediary Holdings, LLC.

Overview of Transaction

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• Alliance Brokerage Corp., headquartered in Melville, NY, is a P&C-focused insurance agency with a mix of business in all segments.

• Alliance, with roots dating back over 100 years, has grown into one of the largest insurance agencies in the Northeast, serving as a leading broker for upper-middle-market commercial lines, high-net-worth personal lines, individual life, and group health.

• Alliance decided to join ALKEME as a growth partner. Founded in 2020, ALKEME is ranked as one of the top insurance brokers in the United States, with over 80 locations and over 1,200 employees.

 

Significance of Transaction

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• Through this acquisition, ALKEME strengthens its East Coast presence with a partner known for broad insurance and risk management resources.

• Alliance will benefit from ALKEME’s robust resources, expanding its insurance offerings while continuing to provide the personalized service and trusted relationships that have been the foundation of its business.

 

Sica | Fletcher's Role

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

• The transaction elucidates Sica | Fletcher's track record of success and strong relationships with key decision-makers of the most prolific acquirers in the space.