Alera Group Acquires CRISP Insurance Advisors

Overview of Transaction

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  • CRISP Insurance Advisors is a New Jersey based boutique insurance agency.

  • In 2012, CRISP was formed after merging a personal and commercial lines agency with an employee benefits firm.

  • CRISP agreed to be acquired by Alera Group, the 14th largest independent insurance agency in the country.

 

Significance of Transaction

  • The CRISP Insurance acquisition strengthens Alera Group's presence in the Northeast.

  • Alera’s national resources and extensive knowledge will provide CRISP with continued growth opportunities.

Sica | Fletcher's Role

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

  • CRISP engaged Sica | Fletcher to explore multiple strategic options for the firm.

  • The CRISP Insurance transaction further highlights our strong relationships with top-tier investors, having previously worked with Alera Group on numerous deals.

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Contact Details

MICHAEL J. FLETCHER

Managing Partner

516.967.1958

mjf@sicafletcher.com

ALEXANDER W. SICA

Managing Partner

201.805.1561

al@sicafletcher.com

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