World Insurance Associates Acquires Danaher, Skewes & Associates

Sica | Fletcher advises Danaher, Skewes & Associates in its sale to World Insurance Associates.

Overview of Transaction

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  • 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.

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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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