World Insurance Associates Acquires Danaher, Skewes & Associates
Sica | Fletcher advises Danaher, Skewes & Associates in its sale to World Insurance Associates.
Overview of Transaction
Founded in 1963, Danaher, Skewes & Associates (Danaher) is one of the largest independent insurance agencies in Virginia, serving residents and businesses in Alexandria, VA, Manassas, VA, Fredericksburg, VA, and surrounding areas.
The company’s products and services comprise a mix of business in all segments.
Danaher agreed to partner with World Insurance Associates (World), a top 100 Independent Property/Casualty Agency.
Significance of Transaction
The acquisition of Danaher bolsters World’s offerings in a high-value geography and expands its presence on the East Coast.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Danaher and explored multiple options for the firm before partnering with World.
This transaction further bolsters Sica | Fletcher's strong reputation with top-tier investors in the insurance sector.