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All Content Copyright 2019 - Sica | Fletcher LLC | 21 Green Avenue | Amityville, NY 11701

The Hilb Group Acquires Avanti Associates

Sica | Fletcher advises Avanti Associates in its sale to The Hilb Group.

Overview of Transaction

  • Avanti Associates Ltd. was founded in 1997 and is a full-service brokerage and insurance agency with two locations in Westchester County (Armonk and Pelham). 

  • For over thirty years, Avanti has served the Tri-State area with premier personal and commercial insurance services, in addition to providing life, health, disability and various financial products.

  • Avanti agreed to be acquired by The Hilb Group (THG), a top 30 National Insurance Broker.

 

Significance of Transaction

  • The Avanti acquisition broadens THG’s foothold of the Tri-State market and gives Avanti a tremendous cross-selling platform with Hilb. 

Sica | Fletchers' Role

  • Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Avanti Associates and explored multiple options for the firm.

  • The Avanti transaction builds on Sica | Fletcher's track record of success across the Insurance space.

  • This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with The Hilb Group on numerous deals.