Peter C. Foy Associates Acquire Rant Insurance Group
Sica | Fletcher advises Rant Insurance Group in its sale to Peter C. Foy.
Overview of Transaction
Rant Insurance Group is a personal lines-focused retail insurance agency located in West Michigan with roots dating back to 1904.
The Company specializes in personal auto and homeowners coverage
PCF Insurance Services (PCF) is a rapidly growing full-service insurance brokerage backed by HGGC, a leading middle‐market private equity firm with $4.3 billion in cumulative capital commitments.
Significance of Transaction
The acquisition of Rant provides geographic expansion for PCF and presents significant growth opportunities on day one.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Rant and explored multiple options for the firm before partnering with PCF.
The Rant transaction builds on Sica | Fletcher's track record of success and key relationships with the most prolific acquirers in the space.