Overview of Transaction

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• Demetriou General Agency ("DGA") is a wholesale managing general agency operating out of New York City since 1925. 

• DGA distributes products for multiple insurance carriers through a retail insurance net work of over 250 agencies.

• DGA insurance agreed to be acquired by Acrisure. a top 10 National Insurance Broker

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Significance of Transaction

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• The Demetriou General Agency acquisition marks Acrisure's first wholesale brokerage acquisition.

• Acrisure's broad retail base will provide DGA with significant growth opportunities immediately. 

• DGA's leadership team will remain with Acrisure and look to seek to expand Acrisure's wholesale insurance capabilities.  

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Sica | Fletcher's Role

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

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

• The Demetriou General Agency transaction highlights Sica | Fletcher's role as the leading advisor in wholesale and MGA insurance space.