Sica | Fletcher advises Barker, Beck, Collins & Kronauge Agency in its sale to King Risk Partners.

Overview of Transaction

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• With a history dating back to 1923 and a management team spanning multiple generations, Barker, Beck, Collins & Kronauge Agency (BBC&K) has strong roots in the Miami Valley area of the Buckeye State and has earned a stellar reputation for their unwavering commitment to exceptional service.

• BBC&K provides commercial and personal lines expertise and products to a customer base of approximately 1,700 businesses and individuals, including some clients who have been with the company for 50 years or more.

• Over the decades, the agency has successfully expanded its expertise in auto, home, and business insurance while also refining its group health and long-term care departments to meet growing demand.

• BBC&K agreed to partner with King Risk Partners, a Top 60 Insurance Brokerage.

 

Significance of Transaction

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• This acquisition extends King’s reach into Midwest communities and reinforces its ability to provide top-tier service in the region, leveraging BBC&K’s decades of expertise and reputation providing industry-leading client experience.

• The acquisition enables BBC&K to expand its personal and business insurance offerings while maintaining the high standards of care and satisfaction clients have come to expect.

 

Sica | Fletcher's Role

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• Sica | Fletcher served as exclusive strategic and financial advisor to BBC&K.

• The transaction highlights Sica | Fletcher's relationships with leading agencies and top-tier investors.