Northlane Partners With Choice Financial Group
Sica | Fletcher advises Choice Financial Group, LLC (“Choice”) in its partnership with Northlane Capital Partners (“NCP”), a leading lower middle-market private equity platform.
Overview of Transaction
Founded in 1998, Choice is an acquisition‐focused insurance agency providing property and casualty insurance and employee benefits services to a range of commercial and individual customers. Choice is headquartered in Virginia Beach, VA, with 12 offices across the Mid-Atlantic region and has consistently growth both organically and via acquisition.
Founded in 2003, Northlane Capital Partners (“NCP”) is a middle market private equity firm managing more than $1 billion of committed capital in its target verticals of healthcare and business services.
Significance of Transaction
Choice’s partnership with NCP provides a valuable resource for continued geographic and individual segment growth as the Company executes on its future acquisition strategy.
With its investment in Choice, Northlane continues to partner with industry leading companies and great management teams, aligning incentives to accelerate growth and build value.
Sica | Fletcher's Role
Sica | Fletcher served as exclusive strategic and financial advisor to Choice.
This significant transaction highlights Sica | Fletcher’s track record of success with large, complex deals and further illustrates Sica | Fletcher's strong relationships with top-tier investors.