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World Insurance Acquires Amato Insurance Agency

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Overview of Transaction

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  • Amato Insurance Agency is a family owned independent insurance agency with two locations in Southeast New Jersey.

  • Since 1994, Amato has been providing clients with the best possible rate for the protection they need.

  • Amato Insurance Agency specializes in automotive service businesses is able to provide superior coverage in addition to exclusive benefits to members of many major Automotive Associations.

  • Amato Insurance Agency agreed to be acquired by World Insurance Associates, a Top 100 Independent Property/Casualty Agency.

 

​Significance of Transaction

  • The Amato Insurance Agency acquisition strengthens and expands World’s presence in their home state of New Jersey.

  • Amato Insurance Agency’s leadership team will remain with World and will continue to provide their clients with the same continued personal service.

Sica | Fletcher's Role

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

  • Amato Insurance Agency engaged Sica | Fletcher to explore multiple strategic options for the firm.

  • Th Amato Insurance Agency transaction further highlights our strong relationships with top-tier investors, having previously worked with World Insurance on numerous deals.

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Any information provided herein is indicative only, subject to change, and does not constitute an offer to purchase or sell any financial product. Sica | Fletcher LLC does not underwrite securities, nor advise on, nor effect transactions in securities for the account of others.

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