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

The Hilb Group Acquires LCIA Inc. (Campisano Insurance Company, Inc.)

Sica | Fletcher advises LCIA Inc. (Campisano Insurance Company, Inc.) in its sale to The Hilb Group.

Overview of Transaction

  • LCIA Inc. also known as Campisano Insurance Company was founded in 1981 by Gus Campisano and is a full-service agency that specializes in the transportation industry. 

  • LCIA was positioned as an ideal investment platform for those investors looking to enter the NYC market or gain a significant player in the transportation sector.

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

 

Significance of Transaction

  • The LCIA acquisition bolsters THG’s presence in the lucrative NYC market and gives them a strategic competitive niche in transportation.

 

Sica | Fletchers' Role

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

  • The LCIA 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.