Overview of Transaction

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• Founded in 1973, Bohannon is a retail employee benefits agency located in Modesto, California.

• With specialty expertise in the agricultural industry, Bohannon is focused primarily on
  employee benefits (medical, dental, vision) and services for employers (e.g., system/portal administration, claims assistance).

• Bohannon agreed to partner with Relation, a top 40 National Insurance Broker
  headquartered in Walnut Creek, CA.

 

Significance of Transaction

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• Bohannon represents a notable deviation from Relation’s traditional P&C mix, providing the company with an opportunity to further bolster its benefits offerings.

• With the support of Relation’s resources and access to previously unavailable prospects, Bohannon has significant growth opportunities from day one (national cross-selling, robust corporate resources, etc).

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Sica Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Bohannon and explored multiple options for the firm before partnering with Relation.

• Transactions such as this one demonstrate why Sica | Fletcher continues to rank #1 in the agency and brokerage advisory space.

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