World Insurance Acquires Amato Insurance Agency

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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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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