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Sica | Fletcher advises Beacon Insurance Group, Inc. in its sale to High Street Insurance Partners.


Overview of Transaction

  • Beacon is a retail insurance agency located in Mount Vernon, IL. The Company writes predominately property and casualty (“P&C”) coverages.

  • Beacon has strong expertise in the towing/trucking industry with a mix of business across several other industries.

  • Beacon agreed to partner with High Street Insurance Partners (HSIP), one of the fastest growing insurance agencies in North America and a Top 100 National Insurance Broker headquartered in Traverse City, Michigan.

Significance of Transaction

  • The acquisition will allow HSIP to expand its footprint into the Illinois/Missouri markets and leverage the strong capabilities the Beacon team has built.

  • The acquisition provides Beacon an opportunity to be part of a team where they can leverage each other's strengths and better serve their community. Furthermore, based on Beacon’s book composition, there are many substantial cross-selling opportunities within employee benefits.

Sica | Fletcher's Role

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

  • This transaction highlights the strength of Sica | Fletcher’s relationships with leading agencies and top-tier investors.

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